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The Latest Breaking News from Home Depot

Given the robust demand for home improvement projects, is Home Depot (HD) a buy this summer even after its revenue miss? Let’s look at its key financial trends to know more….

StockNews.com

Retailers are facing ‘shrink’ from an increasing ‘organized retail crime’ threat—but UBS says it won’t last

The recent influx of organized retail crime is coming to its natural end, and retailers like Target and Walmart will benefit, UBS says.

Fortune

Machrus Skytric 13 ft. Round Trampoline Set review

Plenty of bounce with a sturdy construction and design, the Machrus Skytric 13 FT Round Trampoline Set offers fun for multiple users.

TopTenReviews

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Shaquille O’Neal surprises family by paying for their washer and dryer at Home Depot

‘What an awesome human being’

The Independent UK

'Too Pretty' Home Depot Worker Faces Backlash After Viral Mirror Post

The situation has forced the young woman to leave her job.

The Street

A Home Depot Worker's Bathroom Mirror Selfie Now Has Over 30 Million Views

No one is too pretty to pay the bills.

The Street

The Home Depot now sells surprisingly stylish build-it-yourself tiny homes – for under $50,000

Yes, really. We can buy our next house at The Home Depot – here's what you need to know before investing

Homes & Gardens

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How Home Depot's CEO is navigating the remodeling decline as consumers delay big repairs

Home Depot's CEO is prioritizing its digital operations and finding new consumers as Americans pull back on home improvement projects.

Fortune

First Thing: Evacuations under way near Kherson after Nova Kakhovka dam ‘blown up’

About 16,000 people could be affected and water will reach ‘critical level’ in hours, says Kherson governor. Plus, the truth about ‘local’ food in US supermarkets

The Guardian - UK

Home Depot is selling tiny homes you can build yourself for less than $50,000

The homes are advertised as ‘resilient to extreme weather’ and also keep out insects and rodents, according to manufacturer Plus 1

The Guardian - US

Lululemon CEO stands by decision to sack staff for chasing thieves out of a store

"We train them to step back," Lululemon's CEO has said about a pair of employees who confronted two shoplifters in Atlanta.

Fortune

Home Depot Has an Amazing Solution to the Millennial Home Ownership Problem

Half of millennials own a home, most of the other half don't think they will ever own one.

The Street

Buy, Sell or Hold: Lowe's Companies (LOW) and Home Depot (HD)

The home improvement industry is expected to grow with innovation and government initiatives. Thus, fundamentally strong Lowe's Companies (LOW) could be worth buying. However, it could be wise to wait for a better entry point in Home Depot (HD). Let’s discuss this.

StockNews.com

Lowe's Stock: First-Quarter Sales Slip As Lowe's Joins Home Depot With Dour 2023 Warning

The home improvement market appears to be moderating as Lowe's saw sales fall in Q1 and guided lower for the full year.

Investors Business Daily

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The Street

Not Even Walmart Is Immune in a Recession

Some retailers may fare better in a recession, but not even Walmart would be spared if consumer spending slows.

Investors Business Daily

Stock Market Rally Hits 2023 Highs As Big Techs Lead; Tesla, Walmart, On Holding In Focus: Weekly Review

The Nasdaq and S&P 500 hit 2023 highs, fueled by AI-led chips and software names. But market leadership remains narrow.

The Guardian - US

Top five US executives hoard $9bn tax-free for retirement as workers face limits

At many of these companies a sizeable percentage of workers had no money in their 401(k)s, report finds

Barchart

Stocks Undercut as Little Progress is seen in U.S. Debt Ceiling Talks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.01%, and the Nasdaq 100 Index ($IU ) (QQQ ) closed up +0.09%. Stock indexes Tuesday settled mixed, with the Dow Jones...

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Kiplinger

Stock Market Today: Markets Waver on Debt Default Jitters

The looming debt ceiling crisis, disappointing results from Home Depot and a mixed retail sales report weighed on stocks Tuesday.

Investors Business Daily

Dow Jones Losses Worsen As McCarthy Jabs Biden Over Debt Ceiling; Warren Buffett Buys This Bank Stock

The Dow Jones fell after Home Depot earnings. Warren Buffett snapped up a new stock. Kevin McCarthy blasted Joe Biden over the debt ceiling.

The Street

Fixer Upper? How to Trade Home Depot Stock After Earnings Dip.

Home Depot is making 2023 lows after reporting earnings. Here's where support could come into play.

Barchart

Stocks Mixed as Debt Ceiling Talks Resume

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.70%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.16%. U.S. stocks this morning are mixed, with the Dow...

Investors Business Daily

Stock Market Mixed Ahead Of Debt Ceiling Talks. Advanced Micro Devices Hits Buy Point.

Advanced Micro Devices rallied over 5% on hedge fund news.

Investors Business Daily

Dow Jones Falls 150 Points After Weak Retail Sales; Home Depot Slides On Sales Miss

The Dow Jones Industrial Average dropped Tuesday on weak U.S. retail sales numbers, as Dow Jones stock Home Depot sold off on a sales miss.

The Street

Home Depot Stock Slides After Cutting 2023 Profit Forecast Following Mixed Q1 Earnings

"Our sales for the quarter were below our expectations primarily driven by lumber deflation and unfavorable weather," said CEO Ted Decker.

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Stephen "Sarge" Guilfoyle

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