Latest in Home Depot’s sales are improving, but it says consumers are still cautious about spending
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Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.Business - CNBC - Yesterday -
Home Depot Says Hurricane Demand Slows Sales Slump
Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.Business - Inc. - Yesterday -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
Home Depot is both a secular and cyclical stock, Jim Cramer says
CNBC's Jim Cramer on Monday suggested that Home Depot is able to both grow independently of the business cycle and flourish when the economy is doing well.Business - CNBC - October 29 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - 6 days ago -
UK home sales still below pre-pandemic levels
Pricier mortgages in recent years have a knock-on effect on property transactionsWorld - Financial Times - 5 days ago -
Labour’s home insulation pledge in doubt, say consumer rights groups
Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiencyWorld - Financial Times - November 1 -
Angi, the home improvement site, could become a standalone company, IAC says
Angi, the home improvement site once known as Angie’s List, could soon be on the market as parent IAC Inc. seeks to simplify itself and free up capital.Business - MarketWatch - 2 days ago -
Home Depot co-founder Bernie Marcus dies
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.Politics - NBC News - November 5 -
Yum Brands’ earnings fall short of estimates as Pizza Hut parent says consumers are still pressured
Only Taco Bell managed same-store sales gains.Business - MarketWatch - November 5 -
Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.Business - The Wall Street Journal - October 31 -
Carlsberg Misses Sales Expectations on Weak Consumer Backdrop
The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.Business - The Wall Street Journal - October 31 -
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Bernie Marcus, Home Depot Co-Founder, Is Dead at 95
In 1978, he came up with the idea of a warehouse-style store that would appeal to the do-it-yourself homeowner. With a partner’s help, it became the world’s largest home-improvement retailer.Business - The New York Times - 6 days ago -
Bernard Marcus, Co-Founder of Home Depot, Dies at 95
His chain of warehouse-style stores used cavernous interiors and low prices to lure customers.World - The Wall Street Journal - November 5 -
Home Depot co-founder Bernie Marcus dies at 95
Home Depot co-founder Bernard "Bernie" Marcus helped launch the home improvement chain in 1978.Top stories - CBS News - November 5 -
The Home Depot Co-Founder Bernie Marcus Dies at 95
Billionaire, philanthropist and political donor Bernie Marcus died in Boca Raton, Florida, surrounded by family.Business - Inc. - November 5 -
Home Depot is on the verge of an earnings rebound after quarterly beat and raise
Same-store sales were better than feared, lifted by this summer's hurricanes in the U.S.Business - CNBC - Yesterday -
First-time home buyers’ share of home sales hits 43-year low, real-estate group says
It has never been this challenging to be a first-time home buyer.Business - MarketWatch - November 5 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - November 6 -
IAC exploring spinoff of home improvement marketplace Angi
The company said there's no specific timeline for when the spinoff will take place, but a transaction would likely occur by the end of IAC's second quarter.Business - CNBC - 2 days ago -
Home Depot earnings sweep past estimates, but interest rates pressure home remodeling
Home Depot executives discussed the impact of President-elect Donald Trump’s proposal to impose new tariffs.Business - MarketWatch - Yesterday -
Why Are Cities Still Spending Big on Convention Centers?
Cities are spending more than ever to land the biggest events, but companies have long pulled back on spending for annual conferences and attendance has dwindled.Business - The New York Times - 2 days ago -
Flooded cars for sale in Arizona? How consumers can spot hurricane damage
As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.Sports - Yahoo Sports - October 16 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
Heineken Sales Miss Forecasts as Consumers Shy Away From Beer
The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...Business - The Wall Street Journal - October 23 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
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Texas Instruments earnings show some improvements, despite weak industrial sales
Texas Instruments grew overall revenue on a sequential basis, though industrial sales still dropped sequentially.Business - MarketWatch - October 23 -
Home Depot Plans to Make Every Employee, Including Executives, Work in Stores. It’s an Absolutely Brilliant Move
Cleaning up customer messes is a great use of time for corporate employees—seriously.Business - Inc. - October 16 -
Trump mourns Home Depot founder, GOP donor Bernie Marcus: 'An extraordinary man'
Former President Trump on Tuesday mourned “legendary entrepreneur and political genius” Bernie Marcus, the Home Depot founder and prominent Republican mega-donor who died Monday at the age of 95. ...Politics - The Hill - November 5 -
Cramer's week ahead: Earnings from Home Depot, Disney and new CPI data
CNBC's Jim Cramer also highlighted earnings from Shopify, Spotify, Tyson Foods, Cisco and Alibaba next week.Business - CNBC - 5 days ago
