Home Depot Raises Outlook as Bad Weather Boosts DIY Sales [BNN Bloomberg (Canada)]
Walmart Inc. (WMT)
Last walmart inc. earnings: 2/18 06:00 am
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Source: BNN Bloomberg
The company said comparable sales declined 1.3% for the quarter through October, better than what Wall Street analysts were expecting. The company's adjusted earnings were also higher than estimates. Home Depot said Tuesday that it saw a pickup in demand for seasonal items and supplies for certain outdoor projects, some of which was related to hurricanes that have struck the US in recent months. The Atlanta-based retailer said it now expects comparable sales to drop 2.5% for the full year, versus the previous guidance of a 3% to 4% decline. The company cautioned about continued macroeconomic uncertainty that has weighed on the home improvement market. Many US consumers have postponed buying homes or pursuing larger projects that need financing, waiting for interest rates to drop. The Atlanta-based retailer operates more than 2,300 stores Home Depot's stock is up nearly 20% year-to-date, suggesting investors are betting on the retailer's long-term potential. Home Depot executi
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WMT
Earnings
- 8/15/24 - Beat
WMT
Sec Filings
- 11/5/24 - Form 4
- 10/25/24 - Form 4
- 10/25/24 - Form 4
- WMT's page on the SEC website