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Home Depot Stock Maintains Positive Outlook Despite Q2 Miss
Schaeffers Investment Research· 2025-08-19 15:00
Shares of Home Depot Inc (NYSE:HD) are higher this morning, even after the retail brand reported lower- than-expected second-quarter results, with earnings of $4.68 per share on revenue of $45.28 billion dollars. Despite missing estimates for the second straight quarter, the Georgia-based company reaffirmed its full-year guidance. The stock has managed to weather tariff concerns, supported by strong online sales and steady demand among its customer base for smaller home improvement projects. At last glance, ...
Retailers log $7.9 billion in online sales in first 24 hours of Prime Day
CNBC· 2025-07-09 15:49
Group 1 - U.S. online sales increased by 9.9% year over year, reaching $7.9 billion on the first day of Amazon's Prime Day event [1][2] - This day marked the largest e-commerce day of the year, surpassing Thanksgiving online spending of $6.1 billion from the previous year [2] - Amazon's Prime Day, initiated in 2015, has prompted other retailers to launch competing sales events [2] Group 2 - Walmart began a six-day deals event on the same day as Amazon's Prime Day, while Target and Best Buy also launched their own promotions [3] - Strong demand was observed for home and outdoor goods during the first day of Amazon's discount event, according to industry insights [3]