Home Depot says a deep funk in the housing market is responsible for its sales slump: ‘Our customers are homeowners’
Home Depot is grappling with a deep funk in the housing market, which is “disproportionately impacting home improvement demand” as homeowners delay projects and wait out economic uncertainty, its CEO Ted Decker said during the company’s third-quarter earnings call Tuesday. The Atlanta-based retailer missed Wall Street expectations for the third consecutive quarter, posting net income … Read more
