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0.000368162444598619 0.000438962914713676 0.0012036079919571 0.00133218164568608 0.00327098171931854 0.00724996813978845 0.00724118888149413 0.00893501932852826
Stock impact report

Investor Outlook: Best Buy raises guidance as tech-replacement cycle fuels sales rebound [BNN Bloomberg (Canada)]

Home Depot, Inc. (The) (HD) 
Last home depot, inc. (the) earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
Company Research Source: BNN Bloomberg
The results mark its best comparable-sales performance since the pandemic, supported by a broad tech-replacement cycle. BNN Bloomberg spoke with Michael Baker, managing director and senior research analyst at D.A. Davidson & Co., who said renewed momentum in PCs, gaming and even TV units signals a meaningful turn in consumer electronics demand, though he cautioned the holiday outlook remains challenged by softer U.S. consumer sentiment. Key Takeaways A broad tech-replacement cycle lifted comparable sales 2.7 per cent, Best Buy's strongest gain since the pandemic. Computing and mobile phones led growth, with gaming and renewed TV demand adding incremental support. Home theatre shows early signs of recovery on rising TV unit sales, while appliances remain weak. Analysts view the holiday outlook as cautious amid soft consumer sentiment and uneven retail spending. Risks include tariff pressures, slowing employment trends and margin challenges from online competition. Read Show less Read more
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