Home Depot Lowers Annual Profit Forecast After Softer-Than-Expected Home-Improvement Spending
ATLANTA — Home Depot reduced its full-year profit outlook on Tuesday after a third consecutive quarter of earnings below Wall Street projections, citing weaker demand for home-improvement projects, cautious consumer spending and limited storm-related activity. The company now anticipates adjusted earnings per share for the current fiscal year will decline approximately 5% from the prior […]