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Home Depot Lowers Its Comparable Sales Outlook

KEY TAKEWAYS Home Depot shares edged lower in early trading Tuesday despite a second-quarter earnings beat as the home-improvement giant lowered its 2024 comparable sales guidance. Home Depot now sees full-year comparable sales down 3% to 4% from fiscal 2023, worse than its previous guidance of a 1% decline. CEO Ted Decker said consumers continue…

ByPexecoAugust 14, 20240Comments

Finance News

Germany’s business climate worsens in July: European stocks plunge

Germany's business sentiment worsened more than expected in July, marking the second consecutive monthly decline, bolstering fears that the Eurozone's largest economy is once again under pressure. Sentiment among German companies worsened more than anticipated in July, marking the second consecutive monthly decline, the ifo Institute reported on Thursday. DAX Chart Daily Time Frame The monthly…

ByPexecoJuly 26, 20240Comments

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Home Depot Lowers Its Comparable Sales Outlook