Home Depot revenue rises even as customers turn away from bigger projects

Share

Home Depot reported better-than-expected second-quarter results with revenue of $47.86 billion, up almost 6% year-over-year and more than 1% above analyst consensus estimates. The retailer’s shares rose early Tuesday. Customers continued to prioritize smaller home-improvement projects over more complex and costly ones, a trend that has weighed on average basket size but has not undermined the company’s growth.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles