Home Depot crushed Q2 expectations with $47.86B in revenue, up from last year—driven by weekend warrior DIYers tackling smaller projects instead of big renovations. U.S. same-store sales rose 1.3%, global sales jumped 1.7%, and average transactions hit $92.50 despite fewer shoppers. Amid a sluggish housing market, rising mortgage rates, and slowing home sales, Home Depot’s EPS soared to $4.79—proving homeowners are still investing in their spaces, just on a smaller scale.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.