Home Depot Earnings Fall as Consumers Pressured by High Gas Prices

Home Depot (HD) reported better-than-expected earnings for the fiscal first quarter early Tuesday, with Lowe's (LOW) following on Wednesday. Home Depot stock and Lowe's stock wavered, near 52-week lows. "There's no question that the average consumer is feeling pressure fro

Home Depot (HD) reported better-than-expected earnings for the fiscal first quarter early Tuesday, with Lowe’s (LOW) following on Wednesday.

Home Depot stock and Lowe’s stock wavered, near 52-week lows. “There’s no question that the average consumer is feeling pressure from rising fuel costs,” Home Depot CFO Richard McPhail told Yahoo Finance. “Our customer tends to have higher incomes and higher… Related news Stock Market Today: Dow Slides, Nasdaq Dives As Yields Climb But ServiceNow, Other Software Names Gain 5/19/2026 Dow falls after Home Depot’s earnings

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