Home Depot CEO breaks silence after shoppers ‘abandon’ chain despite big changes – and bosses say weather is to blame ...Middle East

OFFICIALS at one major retailer have blamed the weather for poor sales in the first fiscal quarter of the year. Home Depot posted its results on Tuesday which showed a poor performance compared to the same time last year. GettyHome Depot posted its quarterly results on Tuesday showing a drop in sales compared to the same time last year[/caption] Home DepotCEO Ted Decker claims the weather has negatively impacted sales as the retailer’s CFO waits for mortgage rates to change and improve sales[/caption] The retailer posted sales of $36.4 billion for the first fiscal quarter of 2024 which is 2.3% down from the same quarter in 2023, according to a press release. The results noted

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