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High interest rates and inflation mean a slump for Home Depot


High interest rates and inflation mean a slump for Home Depot

With so many households facing major financial worries, it’s no wonder many are avoiding replacing their countertops. Home improvement giant Home Depot knows this well – it predicted a bleak outlook in its earnings report released on Tuesday. Looking at stores open year-round, comparable sales fell 3.3% last quarter, while comparable sales in the U.S. […]