Home Depot Sales Fall Short As Consumers 'Become Increasingly Cautious': Analyst
Home Depot Sales Fall Short As Consumers 'Become Increasingly Cautious': Analyst
Careful consumers have put the brakes on Home Depot Inc's (NYSE:HD) revenue for the second quarter as they await the Federal Reserve's expected rate cut in mid-September while navigating a shaky economy, an analyst says.
一位分析师表示，谨慎的消费者在艰难的经济环境下等待着联邦储备委员会于9月中旬预计的降息，这抑制了家得宝公司（NYSE：HD）第二季度的营业收入。
The retail giant posted $43.1 billion in revenue for the three-month period, down 0.6% from a year ago and missing the Wall Street consensus of $43.3 billion.
这家零售业巨头在三个月内的营收为431亿美元，比去年同期下降了0.6％，低于华尔街预期的433亿美元。
"The soft sales reflect pressure from the tough home improvement and soft housing market trends, with higher interest rates and macroeconomic uncertainty," Telsey Advisory Group analyst Joseph Feldman said in a note.
「销售低迷反映了艰难的家居装修和软弱的住房市场趋势，加上较高的利率和宏观经济不确定性，」Telsey Advisory Group的分析师约瑟夫·费尔德曼在一份报告中表示。
"Furthermore, CFO Richard McPhail spoke in a CNBC interview this morning about how the consumer has become increasingly cautious in the current environment, while also deferring projects with expected interest-rate cuts creating lower financing costs three to six months from now," the analyst added.
「此外，该公司首席财务官理查德·麦克费尔在今天的CNBC采访中谈到，消费者在当前环境下变得越来越谨慎，同时推迟了预期的利率下调所创建的未来三到六个月的低融资成本的项目，」分析师补充道。
Read Also: Home Depot Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
请看：家得宝即将公布财报；以下是华尔街最准确分析师近期的预测调整
Tesley maintained a Market Perform rating and a $360 price target on Home Depot.
特斯利维持了对家得宝的市场表现评级，并给出了360美元的价格目标。
Home Depot realized $1.3 billion in revenue over six weeks during the quarter as a result of acquiring building products provider SRS Distribution Inc. earlier this year.
今年早些时候，通过收购建筑产品供应商SRS Distribution Inc，家得宝在本季度的六周内实现了13亿美元的收入。
Customer transactions for the second quarter fell 1.8%. Same-store sales worldwide decreased 3.3%, while same-store sales in the U.S. dropped 3.6%.
第二季度的客户交易下降了1.8％。全球同店销售下降了3.3％，而美国同店销售下降了3.6％。
Second-quarter gross profit rose 1.8% from the same period last year to $14.4 billion to post a gross margin of 33.4% that is up 40 basis points from a year ago.
第二季度毛利润从去年同期的142亿美元增长了1.8％，达到144亿美元，毛利率为33.4％，比去年同期上升了40个基点。
Price Action: Home Depot rose 1.52% to $351.12 by Tuesday's mid-afternoon trading, while exchange-traded funds that track the stock gave mixed reactions to Tuesday's earnings report.
股票价格：截至周二下午交易时，家得宝的股价上涨了1.52％，而跟踪股票的交易所交易基金则对周二的收益报告反应不一。
- IShares U.S. Consumer Focused ETF (BATS:IEDI) ticked up 0.23%
- Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) gained 2.28%
- VanEck Retail ETF (NASDAQ:RTH) slipped 0.18%
- ProShares Ultra Consumer Discretionary (NYSE:UCC) slid 1.06%
- Fidelity MSCI Consumer Discretionary Index ETF (NYSE:FDIS) rose 2.14%
- iShares美国消费者关注ETF（BATS：IEDI）上涨0.23％
- 非必需消费类ETF-SPDR（NYSE：XLY）上涨2.28％
- 零售指数ETF-VanEck（纳斯达克：RTH）下跌0.18％
- ProShares Ultra Consumer Discretionary (NYSE:UCC) 下跌1.06%
- 富达MSCI消费者非必需指数ETF（NYSE：FDIS）上涨2.14％
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Photo: shutterstock