Home Depot (HD) is set to report earnings this week, giving investors an inside look into the state of consumer spending. HSBC US Consumer Staples Senior...
) is set to report earnings this week , giving investors an inside look into the state of consumer spending . HSBC US Consumer Staples Senior Analyst Daniela Bretthauer joins Catalysts to discuss what to expect from Home Depot 's earnings as home improvement spending fell more than 1% year over year,
Uh Inflation has not decreased as quickly as the market was expecting mainly because of elevated services prices and inflation for goods, however, has dropped nearly to zero. And this is again because of the higher big, uh, high big ticket purchases and then you have interest rates which remain high and for new home buyers, that's an issue as well.Yeah, Daniella, Daniella, talk to us a little bit more about the larger structural headwinds and then going off of that, just how long this will likely be an issue here for Home Depot and other larger players within the space.
Daniela Bretthauer Consumer Spending Joint Center For Housing Studies Quarterly Sales Earnings This Week Bretthauer
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