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Home Depot tops expectations again, but signs of spending pullback by Americans continues to emerge

Por: ABC News Business August 15, 2023

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ATLANTA -- Home Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline as inflation and soaring interest rates play a larger role in the spending choices made by Americans. Second quarter revenue was $42.92 billion, edging out Wall Street expectations for $42.25 billion, according to a survey of industry analysts by Zacks Investment Research. Yet that's down 2% from the $43.87 billion that... + full article



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