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Stock impact report

Home Depot Shows Signs of Turning the Corner. Is Now a Good Time to Buy the Stock? [Yahoo! Finance]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: Yahoo! Finance
Same-store sales have declined consistently since the end of 2022. Despite that, the stock has held up well, and is up by around 40% over the past year as of this writing. In its fiscal third quarter, which ended Oct. 27, same-store sales declined again. However, the decline was smaller than expected, and it looks like the company could be set to turn the corner sometime next year. So with a potential turnaround ahead for the business, is this a good time to buy the stock? Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Home Depot's same-store sales just fell for the eighth straight quarter. That's a streak it will look to break soon. Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Same-store sales growth U.S. same-store sales growth Data source: Home Depot earnings reports. Home Depot's fiscal quarters end approximately one month after standard calendar quarters. Show less Read more
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