Home Depot Shares Are Trading Lower Tuesday: What You Need To Know
Home Depot Shares Are Trading Lower Tuesday: What You Need To Know
Shares of Home Depot Inc. ((HD) are trading lower Tuesday afternoon following Pool Corporation's (NASDAQ:POOL) announcement of revised 2024 earnings guidance, which highlights a significant slowdown in discretionary pool spending.
家得宝股票（HD）下午交易走低，因为Pool Corporation（NASDAQ：POOL）发布修订后的2024年收益预测，突显自由泳池支出的显著减缓。
What's Going On: Pool Corporation, the world's largest wholesale distributor of swimming pool and related backyard products, said demand for new pool construction and remodeling activities has weakened considerably due to the challenging macroeconomic environment. The company expects new pool construction and remodel activity to decline by 15% to 20% in 2024, a notable drop that has affected its year-to-date net sales.
发生了什么：世界上最大的游泳池和其他后院产品的批发分销商Pool Corporation表示，由于具有挑战性的宏观经济环境，新游泳池建设和翻新活动的需求已经显著减弱。该公司预计2024年新游泳池建设和翻新活动会下降15％至20％，这是一个显着的降幅，已经影响了其截至目前为止的净销售额。
As a result of these trends, Pool Corporation has lowered its annual earnings guidance. The company now projects earnings per share in the range of $11.04 to $11.44, down from the previous estimate of $13.19 to $14.19.
由于这些趋势，Pool Corporation已经降低了其年度盈利预测。该公司现预计每股收益将在11.04美元到11.44美元之间，低于原先的13.19美元到14.19美元。
This revision reflects lower expected sales due to reduced discretionary spending on new pool construction and remodel projects. Pool Corporation will release its second-quarter 2024 earnings results on July 25, 2024, offering further insights into its performance and outlook.
这一修订反映了由于新游泳池建设和翻新项目上的自由支出减少而导致的预期销售下降。Pool Corporation将于2024年7月25日发布其第二季度财报，进一步了解其业绩和前景。
The news has had a ripple effect on related sectors, impacting Home Depot, a major supplier of home improvement and building materials.
这一消息对相关行业产生了连锁反应，影响了建筑材料和家装用品的主要供应商家得宝。
HD Price Action: Home Depot's shares were down by 3.71% at $337.85 according to Benzinga Pro.
家得宝的股价下跌了3.71％，报337.85美元，据Benzinga Pro报道。
Photo via Shutterstock.
图片来自shutterstock。