When Will Home Depot Start to Rebound? Persistent Decline in Same-Store Sales Raises Questions
Home Depot (NYSE: HD) has struggled the past two years, but you might not know it from its stock price. While the company has consistently seen negative same-store sales since the end of 2022, its stock nonetheless has generated a 19% total return over that period.
It's an interesting dichotomy that begs the question: When will the company begin to see a turnaround, and will its struggles take a bigger toll on the share price?
For seven straight quarters, Home Depot reported declining same-store sales. It's the type of streak retailers would prefer not to see.
Source Fool.com
