Home Depot's Struggles
Home Depot's recent earnings report fell short of Wall Street expectations, revealing flat sales and a grim profit forecast for 2023. Key factors include a significant drop in lumber prices, rising wage costs, and shifting consumer preferences towards services over goods. As a result, the company's shares experienced a notable decline, highlighting the challenges in the current economic landscape.In this clip
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The Prof G Pod with Scott Galloway
Prof G Markets: Home Depot and the Housing Crisis, Stellantis Beats Tesla, and the Lithium Market
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