High gas prices are hitting heavy-duty pickup owners hard. Here's what they're saying [Los Angeles Times (CA)]
Home Depot, Inc. (The) (HD)
Last home depot, inc. (the) earnings: 2/25 06:00 am
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Source: Los Angeles Times
That silver Dodge Ram Warlock with the 5.7-liter V-8 Hemi engine must have looked pretty sweet when gasoline prices hovered around $4 a gallon. Now, with gasoline topping $6 a gallon at some Los Angeles-area stations, a bit of sour’s been added to the mix. Record-high gasoline and diesel prices are combusting driver budgets across the land, small car or large. But filling up a pickup truck or truck-size SUV burns hottest, given the extra weight and lower gas mileage that come as a trade-off for utility and size. Like many, George Moreno uses his pickup for work. The downtown Los Angeles resident runs a warehousing and logistics company. Heavy-duty trucks do most of the work, but he often uses his Ford F-150 for smaller runs. Fuel costs “are so important to us, definitely,” Moreno, 52, said outside the Home Depot in Cypress Park. It’s hard “to keep our prices at a fair level while watching our costs go up.” At a time of higher inflation, gasoline prices are the most visible manifestati
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HD
Earnings
- 2/20/24 - Beat
HD
Sec Filings
- 4/19/24 - Form PX14A6G
- 4/16/24 - Form PX14A6G
- 4/1/24 - Form ARS
- HD's page on the SEC website