Published:
Shares of Home Depot Inc. fell in early Tuesday trading, after the home improvement retail giant missed fiscal third-quarter profit expectations, and provided a downbeat outlook, as a lack of storms reduced demand.
The company
HD said that while demand was relatively stable throughout the quarter, demand was expected to increase as the quarter progressed. The results come at a time that the housing market has under duress of late, amid continued affordability issues and increasing consumer concerns about the economy.
