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Home Depot reports another quarter of soft earnings as potential rate cut comes into view

Yahoo Finance
Summary
Nutrition label

90% Informative

Home Depot reported revenue of $43.18 billion and adjusted earnings per share of $ 4.67 .

Same-store sales declined by 3.3% , versus the 2.39% drop Wall Street expected.

This marks the seventh straight quarter of negative sales growth for Home Depot .

The company updated its fiscal 2024 guidance.

VR Score

94

Informative language

95

Neutral language

83

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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