Home Depot Cuts Outlook With Sales Hit by Slowing Demand

Home Depot Inc. cut its outlook for the year and forecasts comparable sales to decline as much as 5% after first-quarter sales dropped more than expected. Gordon Haskett Senior Retail Analyst Chuck Grom examines the results on “Bloomberg Surveillance.”

(Bloomberg) — Home Depot Inc. cut its outlook for the year and forecasts comparable sales to decline as much as 5% after first-quarter sales dropped more than expected. Gordon Haskett Senior Retail Analyst Chuck Grom examines the results on “Bloomberg Surveillance.”

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