Business US
Home Depot Extends Downtrend As Demand Shrivels. Lowe’s On Deck.

Home Depot stock retreated early Tuesday after the Dow Jones retailer missed analyst earnings estimates and lowered parts of its outlook. Rival Lowe’s reports early tomorrow. Home Depot (HD) on Tuesday reported about a 1% decrease in earnings to $3.74 per share adjusted, missing FactSet expectations for $3.84 per share. Sales rose 2.8% to $41.35 billion, compared to views for…



