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Tag: SRS Distribution Inc.

Decoding The Home Depot Inc (HD): A Strategic SWOT Insight

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Decoding The Home Depot Inc (HD): A Strategic SWOT Insight

Despite a slight decline in net income, The Home Depot Inc. continues to have a robust financial position with a significant net income of $4.6 billion in the second quarter of 2024. The acquisition of SRS Distribution Inc. by The Home Depot Inc. signals strategic expansion and diversification and could strengthen the company’s market position. […]

Customer transactions decline, citing lower home improvement spending, but increasing revenue forecast for the year

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Customer transactions decline, citing lower home improvement spending, but increasing revenue forecast for the year

Home Depot Q2 results: Customer transactions decline, cites lower home improvement spending, but raises annual sales forecast Home Depot Inc (NYSE:HD) is trading lower after the home improvement retailer missed sales expectations for the second quarter of 2024. HD reported second-quarter 2024 revenue growth of 0.6% year-over-year to $43.175 billion, narrowly missing the consensus estimate […]