DIY : The Home Depot saves margin in 2022, despite a weak housing market in the US

Featured image of the article DIY : The Home Depot saves margin in 2022, despite a weak housing market in the US

An article by Sophie Baqué

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Publication

7 March 2023 à 19h05

Updated on 13 November 2024 à 16h27

Reading time

2 minutes

Publication: 7 March 2023 à 19h05, Updated on 13 November 2024 à 16h27

Reading time: 2 minutes

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On February 21, The Home Depot released annual results. Despite the weak property market in the USA, the company managed to retain margin. However, the current fiscal year looks risky and the retailer warned about a fall in profits. 

An article by Sophie Baqué

Add mind Retail to your sources
Publication

7 March 2023 à 19h05

Updated on 13 November 2024 à 16h27

Reading time

2 minutes

Publication: 7 March 2023 à 19h05, Updated on 13 November 2024 à 16h27

Reading time: 2 minutes

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The world’s largest home improvement retailer, The Home Depot, reported on February 21, 2023, annual sales of US$157.4 billion in 2022, up by 4.1% overall and by 3.1% on a comparable basis.

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Article authors
Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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