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Jungle Scout: Consumers Shifted More Spending Online in Q3

Jungle Scout: Consumers Shifted More Spending Online in Q3

by Mike Duff | Sep 21, 2023 | Retail Articles

The Jungle Scout Consumer Trend Report for the third quarter reveals more consumers, 41%, spent about the same amount during the period compared to the second quarter than those whose spending declined, 35%, or increased, 24%. At the same time, the Amazon selling...
Home Depot Hub Helps Young Homeowners Become Better DIYers

Home Depot Hub Helps Young Homeowners Become Better DIYers

by Mike Duff | Aug 24, 2023 | Retail Articles

The Home Depot wants to help young homeowners reduce their dwelling-related stress by becoming better-informed do-it-yourselfers. The company has launched a New Homeowners Hub to equip the next generation of current and future first-time householders with resources...
Home Depot Beats Street in Q2, but Comps, Earnings Slip on Spending Shift

Home Depot Beats Street in Q2, but Comps, Earnings Slip on Spending Shift

by Mike Duff | Aug 15, 2023 | Retail Articles

Home Depot beat Wall Street second-quarter financial estimates, although consumers wary of discretionary spending in an uncertain economy took on smaller do-it-yourself projects while making fewer large remodeling commitments. Net earnings for the second quarter of...
Home Depot Sees Slow Going but Continued Opportunity Ahead

Home Depot Sees Slow Going but Continued Opportunity Ahead

by Mike Duff | Jun 13, 2023 | Retail Articles

At its 2023 Investor and Analyst Conference, The Home Depot discussed key strategic priorities and provided a market stability base case built on its analysis of opportunities available. The Market Stability Base Case rests on a company analysis of sector conditions...
Home Depot Sees Slow Going but Continued Opportunity Ahead

Home Depot Q1 Earnings Decline but Top Wall Street Expectations

by Mike Duff | May 16, 2023 | Retail Articles

The first quarter brought lower sales and earnings at Home Depot as an increasingly wary consumer and poor weather put a damper on spring business, the company announced. Home Depot posted net earnings of $3.87 billion, or $3.82 per diluted share, versus $4.23...
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