Home Depot is reporting earnings before the bell. Here's what Wall Street expects
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Home Depot is set to report its earnings before the market opens. The company is currently experiencing a sales slump due to high interest and mortgage rates, which have led consumers to delay major home improvement projects.
November 12, 2024 | 11:00 am
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Home Depot is expected to report earnings amidst a sales slump caused by high interest and mortgage rates, impacting consumer spending on major projects.
The news highlights a sales slump for Home Depot due to high interest and mortgage rates, which is likely to negatively impact their earnings report. This could lead to a short-term decline in stock price as investors react to the earnings announcement.
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