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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (1158243)8/21/2019 9:45:21 AM
From: sylvester80  Read Replies (1) of 1578930
 
OOPS! Home Depot SLASHES Sales Forecast
Retailer says slumping lumber prices, tariffs’ effects on consumers could weigh on growth
By Kimberly Chin
Updated Aug. 20, 2019 2:59 pm ET
Home Depot Inc. lowered its sales forecast and warned that falling lumber prices—as well as the potential effects of tariffs on U.S. consumers—could weigh on growth.

The home-improvement retailer said fiscal 2019 sales growth would increase by 2.3%, down from its previous guidance of 3.3%. Same-store sales were projected to grow by about 4%, a percentage point lower than its previous forecast.
...
wsj.com
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