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For the full 2023 fiscal year, Home Depot narrowed its prior guidance range. It now expects sales to drop 3% to 4% compared to fiscal year 2022; it previously expected a decline of 2% to 5%.
"Home Depot’s 2Q was stronger than expected, however, its affirmation of sales guidance down 2%-5% for fiscal 2023 highlights the ongoing uncertainty around home improvement spending," Fitch ...
Analysts expect Home Depot's revenue and earnings to grow 4% and 8%, respectively, in fiscal 2027. If it's still trading at about 20 times earnings, its stock would only rise 6% to about $350.
The Home Depot, Inc. The Home Depot, Inc., often simply referred to as Home Depot, is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [3]
Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI.
Owner. Menard, Inc. Number of employees. 45,000 (2020) Website. www .menards .com. Menards ( / məˈnɑːrdz / mə-NARDZ) is an American home improvement retail company headquartered in Eau Claire, Wisconsin. Menards is owned by founder John Menard Jr. through his privately held company, Menard, Inc.
On Tuesday morning, the home improvement retailer posted revenue of $36.42 billion, compared to the $36.66 billion expected by Wall Street. That's about a 2.3% drop year over year; the company ...
Carnegie Mellon University ( MBA) Occupation (s) CEO and President of The Home Depot, Inc. Edward Decker (born 1963) [1] is an American businessman and, since 2022, the CEO and president of the world's largest home improvement company, The Home Depot. [2] [3] He was scheduled to become the chairman of the company in October 2022.