Home Depot said stores would remain open as it’s an essential retailer, but they would close at 6 p. m.
And if that turns out to be the case, Home Depot shares could be turning back up in short order. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service.
Fewer people shopped at Home Depot’s stores during the quarter than they did a year ago. And while higher average sales per transaction more than offset this decline in traffic, much of Home Depot’s gains in average ticket were due to higher commodity prices . The slowdown in consumer spending is an industrywide trend.
A common inquiry we ran across in our research was “Did Home Depot do enough to worry investors?”.
Well, yes it did — but that’s not the problem. What’s worrying investors this week isn’t what Home Depot said about 2020, with which management said it was ” pleased ,” but what it said about 2021, which was not much.
And while higher average sales per transaction more than offset this decline in traffic, much of Home Depot’s gains in average ticket were due to higher commodity prices . The slowdown in consumer spending is an industrywide trend.
I go to Home Depot when I need to build something or need tools or equipment . Lowes is for finishing stuff and decor. The only link to the whole company I could find that would open was Investor Relations. I messaged them there. I’ll let you know what they say, if I get a reply.
Is Joe tenebruso right about Home Depot?
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How did Home Depot’s revenue and same-store sales perform in Q1?
During the most recent quarter, revenue jumped 8.1% versus the prior-year period, with U. Same-store sales (or comps) rising just 3.4% . This is right after Home Depot registered impressive 30% comps in the U., and in q1. Naturally, investors weren’t happy with the news.
Why can’t I access home depot website?
Probably the server is overloaded, down or unreachable because of a network problem, outage or a website maintenance is in progress Can’t Access Home Depot – Troubleshooting Instructions If the site is UP but you cant access the page, try one of the below solutions:.
When I was researching we ran into the question “Why can’t I view the website on my Home Depot account?”.
The page you are trying to view cannot be shown because the authenticity of the received data could not be verified . Please contact the website owners to inform them of this problem.” I have contacted Home Depot and they say all is good. I used my i. Pod which has web capabilities and it can connect to both of those websites.
This is what we ran into. as you have tried with several computers in your house it’s not a fail with single PC. Which means the problem is probably somewhere between your house and their website. Complaining to you ISP might be more fruitful than waiting for Home Depot to answer. As far as they can see all is working on their end.
What’s your experience with HomeDepot?
My experience with homedepot.