Will Home Depot Come in for a Soft Landing in 2022?
Home Depot (NYSE: HD) is scheduled to report fiscal 2022 first-quarter earnings before the markets open on Tuesday, May 17. Since the pandemic's onset, the home improvement retailer has had an incredible run. Revenue and profits surged as consumers took to home improvement projects while spending more time at home.
The trend may have peaked, and Home Depot is expecting an end to revenue growth in 2022. With expectations lowered significantly, investors will be looking for Home Depot to perhaps report better-than-expected sales in the first quarter.
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Source Fool.com
