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Business
Anushka Dutta

INSANE: Is home depot hd a good summer buy | Rare Historical Photos

HD Home Depot

Popular home improvement retailer The Home Depot, Inc. (HD) posted its biggest revenue miss in over 20 years for the first quarter. The company posted a $37.26 billion revenue, down 4.2% year-over-year and lower than the $38.28 billion expected.

However, the remodeling industry tailwinds could favor this home improvement retailer. According to a Home Improvement Research Institute (HIRI) survey, homeowners are favoring cost-friendly home improvement projects, such as DIY, as homeowners’ intent to remodel remains strong.

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