Back to News
Retail news

Investors disappointed by Home Depot's forecast

Home Depot's same-store sales fell 0.3 percent in the fourth quarter as the number of customer transactions fell six percent. The home improvement giant said that it now expects its annual earnings per share to decline in the mid-single digits. "The macro environment seemingly has caught up with Home Depot," said D.A. Davidson analyst Michael Baker.

The RetailWire Daily

A daily briefing with the retail news, expert perspective, and business context to bring into your next meeting.

Want to know more? Learn more

Discussion Thread0