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This marks Home Depot's seventh straight quarter of negative sales growth. US same-store sales are down 3.6%. Both foot traffic and the average ticket dropped, down 1.8% and 1.3%, respectively.
For 2024, Home Depot is expected to forecast roughly flat comparable sales, improving from an estimated 3.2% decline in 2023, according to LSEG data. Lowe's is likely to forecast a 1.1% drop ...
Home Depot said consumers are holding off on home purchases and renovation projects until ... The company now forecasts 2024 sales at its locations open at least a year to fall between 3% and 4% ...
The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [4] In 2021, the company had 490,600 employees and more than $151 billion in ...
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Carnegie Mellon University ( MBA) Occupation (s) CEO and President of The Home Depot, Inc. Edward "Ted" Decker (born 1963) [ 1] is an American businessman and, since 2022, the CEO and president of the world's largest home improvement company, The Home Depot. [ 2][ 3] He was scheduled to become the chairman of the company in October 2022.
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