Home Depot on Tuesday raised its full-year outlook and reported strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record, an early signal that the retailer is so far weathering inflation. Home Depot executives said they haven’t seen shoppers trading down in the face of higher prices, and […]
earnings
Two of America’s largest home improvement retailers, Home Depot (HD) and Lowe’s (LOW), are expected to report fiscal Q1 2022 earnings next week. Ahead of these earnings releases, a recent Bank of America (BAC) Global Research report suggests a positive outlook for the performance of the two companies. “Recent signals […]