1. Corporate Finance

Home Depot’s second-quarter earnings beat expectations, company stands by 2022 guidance

Written by Posted on Less than 0 min read

Home Depot reported second-quarter earnings and revenue that beat expectations Tuesday morning.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Start Ups

After Birkenstock’s ‘Barbie’ bump, iconic footwear brand seeks a big part in IPO market

​[[“value”:”Iconic footwear brand Birkenstock is planning to go public at a time when tech IPOs including Arm and Instacart are hoping to give the IPO market a jolt.”]]  View Original Article Dept. Apparel Delivery Instacart Results & Investment Strategy Technology & Innovation Start Ups CNBC Member since October 25, 2020 Loading + Follow Following CNBC […]
< 1 min read
0
  1. Trends & External Forces

More Americans tapping buy now, pay later for holiday gifts shows ‘how stressed the economy is,’ Harvard researcher says

KEY POINTS With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping. “It means a merry Christmas, but in the long run for many will hurt their credit,” says Marshall Lux, a fellow at the Harvard Kennedy School. Americans are increasingly finding alternative ways to satisfy […]
2 min read
0
5
  1. Channel: Home Improvement

Walmart and Home Depot are getting ready for a consumer slowdown

​   ​   [[“value”:”Walmart and Home Depot gave full-year outlooks that disappointed some investors, as shoppers contend with inflation.”]]  View Original Article Walmart Consumers Economy Shoppers Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Restaurants

Olive Garden parent company Darden beats estimates, raises outlook

Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, raised its outlook for the year. View Original Article Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Holiday & Events

Vans owner VF Corp. shares tumble as it says cyberattack could hamper holiday fulfillment

​Shares of The North Face and Vans owner VF Corp. tumbled Monday after the company said it suffered a cybersecurity breach. View Original Article Legal & Criminal Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Stores & Formats

Target says it will close nine stores in major cities, citing violence and theft

​[[“value”:”It’s the latest move related to theft for Target, which has been outspoken about the industrywide problem of organized retail crime.”]]  View Original Article Target Brick and Mortar Legal & Criminal CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Trends & External Forces

Dick’s Sporting Goods shares sink after retailer cuts outlook for the year, joining broader retail trend

Dick’s cut its financial forecast for the fiscal year, as it contends with high inflation and supply chain problems. View Original Article Dept. Nonfood Dept. Sporting goods Economy Operations & Supply Chain Predictions and Forecasts Results & Investment Trends: Finance Trends: Retail CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the […]
< 1 min read
0
  1. Uncategorized

3 takeaways from our daily meeting, including buying some Disney and looking at Club movers

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all […]
< 1 min read
0
  1. Trends & External Forces

Jim Cramer says these 7 currently undervalued ‘franchise names’ are stocks worth buying

​   ​  As Wall Street overlooks the long-term value of many Club holdings, Jim Cramer said investors should look to buy these well-established companies.    View Original Article Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Channel: Grocery

Aldi to acquire Winn-Dixie and Harveys Supermarket stores in Southern expansion

​[[“value”:”The German grocer has entered into an agreement to buy about 400 store locations from Winn-Dixie and Harveys Supermarket.”]]  View Original Article Aldi Southeastern Grocers Brick and Mortar Acquisition Regional Grocery CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Department & Category

Cheaper doughnuts, free gas cards and more: Retailers and restaurants woo consumers who are feeling pain at the pump

Gas prices have become one of the most visible signs of inflation, which is also making housing and food pricier. View Original Article Consumers Dept. Fuel Dept. Grocery Economy Marketing: OOH Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Trends & External Forces

Here’s what to expect when Club apparel retailers TJX and Foot Locker report this week

​[[“value”:”TJX Companies (TJX) and Foot Locker (FL) are set to deliver quarterly results, as consumers continue to be squeezed by a slowing economy and inflation.”]]  View Original Article Results & Investment Consumers Economy Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Department & Category

Rising oil prices could hit cigarette demand as smokers pay more at the pump

Rising prices at the gas pump will likely hurt cigarette demand, according to Barclays analyst Gaurav Jain. View Original Article Dept. Fuel Marketing: OOH CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Uncategorized

Peloton quietly drops unlimited free app membership because it failed to bring in paid subscribers

Peloton debuted an unlimited free membership option for its app last year in a bid to win over new customers, but the company quietly ended the initiative. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Shopper & Customer

Retail sales increased 0.7% in July, better than expected as consumer spending is holding up

​[[“value”:”The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate”]]  View Original Article Consumers Economy Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Department: Consumer Durables

Reebok owner Authentic Brands strikes $254 million deal for Ted Baker fashion brand

Tuesday’s announcement resolves months of speculation around the future of the British fashion moniker, which was forced to put itself up for sale. View Original Article Dept. Apparel International - UK Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Department: Consumer Durables

Mattel shares tumble after holiday quarter fails to boost Barbie maker’s sagging sales

 [[“value”:”Mattel had hoped the holiday quarter would boost sales as high inflation weighs on consumers.”]]  View Original Article Consumers Economy Holiday & Events Dept. Toys & Games CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Trends & External Forces

Amazon faces $1 billion class action lawsuit in the UK over alleged antitrust breach

KEY POINTS Amazon harms its customers by directing them to its “featured offer,” resulting in better-value deals being hidden and consumers paying more for products, according to a U.K. class action lawsuit. Hausfeld, the law firm leading the litigation, estimates total damages in the region of £900 million ($1 billion) if it succeeds. The claim […]
3 min read
0
5
  1. Associates & Employees

Starbucks is weighing better benefits for nonunion workers

Just days into his new tenure, Howard Schultz has already been waging a more aggressive campaign against the union than previous CEO Kevin Johnson. View Original Article Associates Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Technology & Innovation

How layoffs and A.I. are impacting tech workers

​[[“value”:”After years of unstoppable growth, big tech’s pandemic bubble burst forcing tech companies to trim their rosters”]]  View Original Article Associates Technology & Innovation BigTech COVID19 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
Next