Should Investors Buy Home Depot's (HD) Stock as Q2 Earnings Approach?
HDHome Depot(HD) ZACKS·2024-08-10 07:50

Markets will get more results from large retailers next week with Home Depot (HD)  set to release its Q2 report on Tuesday, August 13.Investors will be hoping the home improvement retailer will be able to reach expectations and perhaps offer positive guidance with the average 30-year fixed mortgage rate currently at 6.47%, its lowest level in over a year.Image Source: Federal Reserve Economic DataQ2 Expectations for HDBased on Zacks estimates, Home Depot’s Q2 sales are expected to dip -1% to $42.62 billion ...