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Stock impact report

Home Depot to report earnings with tariffs, US credit rating downgrade in focus [Yahoo! Finance Canada]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Investors will be watching Home Depot ( HD ) earnings on Tuesday for signs of consumers pushing off home renovation projects due to tariffs and challenges in the housing market Wall Street expects the home improvement retailer's revenue grew 7.9% year over year to $39.29 billion in the fiscal first quarter, while adjusted earnings are expected to have declined 1.07% to $3.59 per share. Same-store sales are expected to have fallen 0.20% in the quarter, a reversal after comparable sales growth turned positive in Q4 after eight straight quarters of negative growth. Year to date, Home Depot stock is down 2.5%. Shares of rival Lowe's ( LOW ) are down nearly 5% versus a 1% gain for the S&P 500 ( ^GSPC "We project it to take multiple quarters and into next year before the growth becomes more solid and flows through to earnings, as near-term macro pressures continue, particularly with uncertainty amidst new tariff policies," Telsey Advisory Group senior managing director Joe Feldman wr Show less Read more
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