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Stock impact report

Lowe's responds to housing slump with new shopper perks [Yahoo! Finance]

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: Yahoo! Finance
In February, the median existing home sold for $398,000, according to the National Association of Realtors . That's the 32nd month in a row of year-over-year price gains. It's been extremely difficult for new buyers to break into the market when both home prices and mortgage rates remain high. In fact, mortgage rates dipped at the start of the year, only to soar in the wake of the Iran war. These factors have been keeping buyers out of the market. And that, combined with broad economic conditions, has put pressure on home-improvement giants Home Depot and Lowe's. Despite beating earnings, Lowe's operating income fell during its most recent quarter. And in its full 2026 outlook, Lowe's said it expects comparable sales to range from flat to up 2%, compared to the prior year. But that doesn't mean the company is giving up. Instead, Lowe's continues to work on strategies to earn customers' business. Lowe's rolls out some great new benefits Despite facing a host of challenges, Show less Read more
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