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. - 2 days ago

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

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

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

ASML says chip-market slump will mainly impact sales to China

A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...

Business - MarketWatch - October 16

Apple reports robust demand for iPhone 16 even as overall sales in China slow

Company reports $94.9bn in revenue, slightly beating Wall Street projections in first look at demand for its new phone. Apple reported strong demand for the iPhone 16 in its quarterly earnings ...

World - The Guardian - October 31

Holiday sales growth could slow to pre-pandemic levels, retail group says

U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...

Business - MarketWatch - October 16

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

Diesel Demand in India Faces Headwinds as Economy Slows

World - Yahoo News - November 5

Jobs report offers blurry snapshot of economy days before election: What to know

The latest jobs report data is incomplete due to one-off disturbances last month.

LVMH stock falls on slumping luxury sales in China

LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales

Business - MarketWatch - October 16

Starbucks Suspends Guidance as Sales Slump Persists

The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.

Business - The Wall Street Journal - October 23

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

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.

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

Estée Lauder shares plunge as China sales slump prompts dividend cut

Beauty group’s stock drops 25% after guidance withdrawn for rest of year

Business - Financial Times - October 31

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

GSK cuts vaccine sales target on reduced demand

U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.

Business - MarketWatch - October 30

Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales

Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.

Business - The New York Times - October 17

Porsche AG Sales Fall Amid Slow EV Market, China Woes

Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.

Business - The Wall Street Journal - October 25

New Paddington film charming but slow, critics say

Paddington in Peru is the latest instalment in the adventures of the beloved bear.

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

Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’

Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.

Business - MarketWatch - 22 hours ago

Hurricane Milton pushed giant debris into homes, roads

Boulders that were apparently placed years back as a wave break to shield homes on the beach of Manasota Key, Florida, were pushed into town by Hurricane Milton. CBS News' Dave Malkoff has more as ...

Developers designing Florida homes to withstand hurricanes

The village of Cortez on Florida's west coast took a direct hit from Hurricane Milton. But several homes in one Cortez community emerged from the storm unscathed. That is because developers built ...

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

Business - CNBC - October 18

Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

Billionaire Trump backer has targeted swing states with contest ahead of presidential election

Business - Financial Times - October 24

Tractor Supply Co. ekes out sales gain in ‘tepid’ demand environment

Tractor Supply Co.’s third-quarter sales fell slightly short of estimates on Thursday in a lackluster environment, but the rural lifestyle retailer raised the lower end of guidance ranges.

Business - MarketWatch - October 24

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