However, the company made strategic decisions to boost performance. This includes appointing Jordan Broggi as EVP of Customer Experience and President of Online, teaming up with Instacart for same-day delivery, and announcing an agreement to acquire SRS Distribution, a leader in specialty trade distribution. Regardless of these efforts, HD reported a sixth quarter of same-store sales decline.
Despite the ups and downs, market movement around HD's stock seems optimistic, as the company surpassed Q1 2024 earnings estimates while experiencing a minor fall in sales. Ahead of Q1 Earnings, investors considered ways to profit from HD stocks. Overall, the performance of HD remains a focal point for investors and market analysts who continue to follow its trajectory and speculate on its future.
Home Depot HD News Analytics from Mon, 25 Sep 2023 10:44:11 GMT to Sun, 02 Jun 2024 14:57:33 GMT - Rating -3 - Innovation 2 - Information 8 - Rumor -2
