CNBC|1 minute read
Home Depot's Earnings Slip Yet Forecast Holds Steady: What You Need to Know
TL;DR
Home Depot has missed earnings expectations for the second straight quarter but is sticking to its full-year forecast. Here are the key takeaways:
- Reported earnings fell short of Wall Street estimates.
- The company suggests consumers are delaying larger home improvement projects.
- Despite challenges, Home Depot remains optimistic about the rest of the year.
- Analysts point to external factors, including tariffs and interest rates, affecting demand.
Here's the full scoop.