Retail News

Home Depot lowers forecast after same-store sales miss

Yahoo Finance 11/19/2019

Home Depot announced that its same-store sales in the U.S. increased 3.8 percent in the third quarter, below Wall Street’s expectation of a 5.4 percent gain. The home improvement chain now expects annual comp sales growth of 3.5 percent, down from its previous guidance of four percent.

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