Home Depot reported same-store sales growth of just 0.6% in the latest quarter, missing expectations as muted housing demand and high borrowing costs restrained home improvement spending. The result points to softer consumer demand in the housing-linked retail segment, but the article does not indicate a major surprise beyond the modest miss.
Home Depot reported same-store sales growth of just 0.6% in the latest quarter, missing expectations as muted housing demand and high borrowing costs restrained home improvement spending. The result points to softer consumer demand in the housing-linked retail segment, but the article does not indicate a major surprise beyond the modest miss.
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