Home Depot Q2 Customer Transactions 451M (-1.8%) Y/Y, Average Ticket $88.90 (-1.3%) Y/Y, Sales Per Retail Square Foot $660.17 (-3.6%) Y/Y
Portfolio Pulse from Benzinga Newsdesk
Home Depot reported a decline in key metrics for Q2, including customer transactions, average ticket size, and sales per retail square foot, all showing year-over-year decreases.
August 13, 2024 | 10:03 am
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NEGATIVE IMPACT
Home Depot's Q2 results show declines in customer transactions (-1.8% Y/Y), average ticket size (-1.3% Y/Y), and sales per retail square foot (-3.6% Y/Y).
The declines in key metrics such as customer transactions, average ticket size, and sales per retail square foot indicate a potential slowdown in Home Depot's business performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100