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Home Depot sales fell as housing market cooled

2023-08-15 10:11
Home Depot's sales dropped 2% during its latest quarter as the housing market cooled off.
Home Depot sales fell as housing market cooled

Home Depot's sales dropped 2% during its latest quarter as the housing market cooled off.

"We did see continued pressure in certain big-ticket, discretionary categories," said Home Depot CEO Ted Decker.

Home Depot is a closely-watched barometer for US housing strength.

This is a breaking story and will be updated.

Tags epus finance depot epus one home earnings
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