Home Depot, Inc. HD
NYSE · United States · Retail Trade
$284.49-3.55 (-1.23%)
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · USD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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A jump in borrowing costs and weak demand have pressured homebuilding shares, while Home Depot and Lowe’s have fallen further this month.
CFO Richard McPhail says housing activity remains stalled, weighing on big home projects as owners stay put and borrowing costs stay high.
Lowe’s offers thinner sales momentum but stronger payout coverage as weak housing demand keeps pressure on both retailers.