Home Depot – U.S. Home Improvement Giant Stands Firm Amid Housing Crisis and Confirms Annual Forecast!
Reading Time: 3 minutes
Home Depot impresses in the first quarter with a revenue increase of 4.8% to $41.77 billion and maintains its annual outlook. High interest rates and a weak housing market weigh on major projects, but the professional business and renovation trend remain long-term supports for investors. CEO Ted Decker describes a development that meets their expectations despite growing consumer uncertainty. Quarterly figures beat analyst estimates The world's largest home improvement retailer, Home Depot , surprises the market with unexpectedly robust figures...
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