Home Depot Inc

Home Depot Earnings Beat Estimates, but Shares Fall

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Home Depot Earnings Beat Estimates, but Shares Fall

Home Depot earnings beat estimates, but shares fall Home Depot reported better-than-expected earnings and revenue for the fourth quarter despite consumers taking on smaller projects at home. The company earned $2.82 per share on revenue of $34.79 billion. Analysts polled by LSEG expected a profit of $2.77 per share on revenue of $34.64 billion. CFO … Read more

Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

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Macy’s to Close Department Stores and Cut 2,300 Jobs as Companies Seek cost Reductions

Major Companies Implement Job Cuts and Cost Reduction Measures Amid Volatile Economic Climate In response to ongoing economic challenges and evolving consumer behavior, several major companies have initiated cost-cutting and workforce reduction measures. As businesses seek to adapt to changing market demands, pressing economic concerns have put pressure on companies to optimize their budgets and … Read more