Home Depot reports weaker spring-quarter sales
- Ad-hoc-news reported on May 25 that Home Depot posted weaker spring-quarter sales and issued cautious guidance, pulling the stock lower. - The company’s outlook raised fresh questions about the pace of the home-improvement cycle and indicated softer do-it-yourself demand, ad-hoc-news said on May 25. - The report said customers prioritized smaller repairs and seasonal outdoor purchases over discretionary remodels this quarter. (ad-hoc-news.de)