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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 - November 12
  • Home Depot Says Hurricane Demand Slows Sales Slump

    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. - November 12
  • Apple cautious on holiday outlook as it starts AI rollout

    Apple cautious on holiday outlook as it starts AI rollout

    Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features
    Business - 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 result
    World - 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 - November 7

  • Labour’s home insulation pledge in doubt, say consumer rights groups

    Campaigners warn Budget pledge falls far short of manifesto promise to support energy efficiency
    World - Financial Times - November 1

  • UK home sales still below pre-pandemic levels

    Pricier mortgages in recent years have a knock-on effect on property transactions
    World - Financial Times - November 9

  • 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 - November 11

  • Target CEO says ‘consumers continue to spend cautiously’ amid triple-miss earnings report

    Target’s stock is set to suffer worst day in more than two years after profit, revenue, comparable sales and outlook all came in below expectations.
    Business - MarketWatch - Yesterday
  • JD.com Profit, Revenue Rise as Consumer Sentiment Improves

    JD.com Profit, Revenue Rise as Consumer Sentiment Improves

    The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.
    Business - The Wall Street Journal - November 14
  • Home Depot co-founder Bernie Marcus dies

    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
  • German companies more cautious about taking on new staff

    German companies more cautious about taking on new staff

    World - Yahoo News - November 4

  • 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

  • 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
  • Bernie Marcus, Home Depot Co-Founder, Is Dead at 95

    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 - November 8

  • 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

    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 - November 12

  • Why Home Depot made an $18.25 billion bet on the pro business

    The retailer's acquisition is boosting the business as home improvement demand remains slow.
    Business - CNBC - 6 days ago

  • 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

    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 health
    Business - Financial Times - October 30
  • Uber shares slide on slowing bookings growth

    Uber shares slide on slowing bookings growth

    Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates
    Business - 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
  • Japan's economy grows for a second straight quarter on the back of consumer spending

    Japan's economy grows for a second straight quarter on the back of consumer spending

    Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
    World - ABC News - 6 days ago

  • 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 - November 11

  • 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 - November 12
  • Why Are Cities Still Spending Big on Convention Centers?

    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 - November 11

  • 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

    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
  • As Argentina's inflation rate cools, consumers still feel squeezed

    As Argentina's inflation rate cools, consumers still feel squeezed

    World - Yahoo News - November 12

  • Cautious optimism about Israel-Hezbollah cease-fire even as strikes continue on Beirut

    Israeli forces are continuing their bombardment of Hezbollah-controlled areas of Beirut Friday with one airstrike completely flattening a building in the Lebanese capital. These strikes come as the ...
    Top stories - CBS News - 6 days ago
  • Trump mourns Home Depot founder, GOP donor Bernie Marcus: 'An extraordinary man'

    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 - November 8
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Topics
  • Home Depot’s Sales
  • Depot’s Sales Improving
  • Sales Improving Says
  • Improving Says Consumers
  • Says Consumers Still
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