Sboll is Your Go-to Source for the Latest Finance News, Covering Markets, Banking, Investments, Economy and Stocks.
⎯ 《 Sboll • Com 》

Home Depot sales fell as housing market cooled

2023-08-15 18:23
Home Depot's sales dropped 2% during its latest quarter as the housing market cooled off.
Home Depot sales fell as housing market cooled

Home Depot's sales dropped 2% during its latest quarter as the housing market cooled off.

"We did see continued pressure in certain big-ticket, discretionary categories," said Home Depot CEO Ted Decker.

Home Depot is a closely-watched barometer for US housing strength.

This is a breaking story and will be updated.