The Home Depot reported earnings and sales that beat expectations, but sounded a cautionary note about the rest of the year as consumers put off big projects amid high interest rates.
The Home Depot reported mixed first-quarter results with earnings that beat estimates, but sales that fell short as spring stalled and consumers put off large discretionary projects such as bathroom remodels.
Ross Stores easily topped expectations for its fourth quarter, but warned that housing, food and gasoline costs continue to put pressure on its customers.