International Companies

Home Depot cuts full-year sales outlook

By Michele Maatouk

Date: Tuesday 13 Aug 2024

(Sharecast News) - Home Depot cut its full-year sales outlook on Tuesday as it said higher interest rates and macroeconomic uncertainty were putting pressure on consumer demand.

In results for the second quarter, the retailer said sales rose 0.6% on the same period a year earlier to $43.2bn. Comparable sales...

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