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The Latest Breaking News from Ted Decker

Home Depot CEO says with the housing market stalemate, ‘our customers are telling us that they’re not investing’

Ted Decker said on Tuesday’s earnings call that housing affordability issues were continuing to drive consumers away from home improvements.

Fortune

Home Depot says a deep funk in the housing market is responsible for its sales slump: ‘Our customers are homeowners’

The U.S. housing market is currently experiencing historic stagnation.

Fortune

A 40-Year Freeze: Home Depot Sounds The Alarm On Housing Turnover

Home Depot Inc (NYSE:HD) just dropped one of the most eye-opening economic datapoints of the season — and it didn't come from the Fed, BLS or Treasury Dept. It came straight from Home Depot CEO Ted Decker, who said housing turnover is now at "40-year lows… at 2.9% turnover."

Benzinga

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Home Depot Stock Slips As Big Projects Dry Up: Renovation Recession

On Tuesday, home improvement retail giant Home Depot, Inc. (NYSE:HD) lowered its full-year profit forecast, attributing the change primarily to weaker demand, cautious consumers and a stalled housing market.

Benzinga

Home Depot Q3 FY25 Earnings Call Transcript

Home Depot (NASDAQ:HD) reported third-quarter financial results before the market open on Tuesday. The transcript from the company’s earnings call has been provided below. HD shares are sliding on disappointing news. Check the full analysis here. This transcript is brought to you by Benzinga APIs. For real-time access to our entire…

Benzinga

Trump's Tariffs, Stubborn Interest Rates Add To 'Economic Uncertainty' For Home Depot's Big-Ticket Sales

Home Depot Inc. (NYSE:HD) expressed during its second-quarter earnings call that it is navigating a complex economic landscape where new President Donald Trump‘s tariffs and stubbornly high interest rates are fueling customer hesitation on large-scale projects.

Benzinga

Dow Retreats From a Record High: Stock Market Today

Quietly rising since April, Home Depot stock was conspicuously constructive Tuesday as high-profile tech names dragged equity indexes down.

Kiplinger

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Newly-minted grads only make up just 5% of the workforce but they’re playing an ‘oversized’ role driving up unemployment

Landing a job is only getting more difficult for graduates, potentially strengthening arguments from the likes of Jamie Dimon about focusing on job-ready skills as opposed to college degrees.

Fortune

Home Depot claims it won’t raise its prices in response to Trump’s tariffs

‘It’s a great opportunity for us to take share, and it’s a great opportunity for our suppliers to take share as well,’ executive vice president says

The Independent UK

Home Depot exec says Americans may soon embrace sky-high mortgage rates as 'the new normal' and invest in housing anyway

Historic mortgage rates show today’s rates are more "normal" than they were just a few decades ago.

Fortune

A DIY drought is shaking the foundation of the home improvement industry

Lowe’s and Home Depot both lowered sales growth predictions as fewer shoppers commit to renovation projects.

Fortune

Home Depot projects weakened sales, spelling shaky economic conditions

High interest rates and inflation push home improvement projects back

Fortune

Nonprofits making progress in tackling homelessness among veterans, but challenges remain

Government agencies and nonprofits around the country have long been working to reduce the numbers of homeless veterans

The Independent UK

How Home Depot's CEO is navigating the remodeling decline as consumers delay big repairs

Home Depot's CEO is prioritizing its digital operations and finding new consumers as Americans pull back on home improvement projects.

Fortune

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Tribune News Service

Home Depot gives $1 billion in raises to front-line workers

Home Depot saw sales decelerate at the end of last year and has projected little growth for this year, officials said Tuesday.

The Independent UK

Home Depot says it will raise pay for US, Canadian workers

Home Depot says it’s investing $1 billion in wage increases for its U.S. and Canadian hourly workers

Benzinga

Housing Starts Plunged, But Home Depot Turned In A Record Quarter: How The Home Improvement Retailer Is Defying Housing Market Trends

New home construction in the U.S. fell last month to the lowest levels not seen since the beginning of 2021, but Home Depot Inc (NYSE: HD) shares are surging Tuesday on the back of record numbers.

Tribune News Service

Home Depot revenues up in strong start to year

Home Depot had sales of $38.9 billion during the first quarter of its fiscal year, powering through inflation with a continued surge of demand from consumers who want to buff up their homes, the company reported Tuesday.

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