Home Depot cuts full-year profit, same-store sales guidance as consumer demand pressured
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The Home Depot Announces Second Quarter Fiscal 2024 Results; Updates Fiscal 2024 Guidance
August 13, 2024 6:00 AM EDTATLANTA, Aug. 13, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), which represents approximately six weeks of sales in the quarter. Comparable sales for the second quarter of fiscal 2024 decreased 3.3%, and comparable sales in the... More
