Home Depot Reduces Its Outlook Again

Even after seeing a rare outlook downgrade three months ago, investors were optimistic heading into Home Depot's (NYSE: HD) third-quarter earnings report. The home-improvement retailer noted that sales gains sped up during each month of the second quarter, so shareholders were expecting better operating numbers for the second half of 2019.

Home Depot's actual results this week met that optimistic outlook when it comes to finances. However, the chain's growth struggles didn't lesson, as investors had hoped they would.

Let's take a closer look.

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Source Fool.com