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Home Depot plunges after worst revenue miss in 20 years

 
Anonymous Coward
User ID: 85798635
Luxembourg
05/16/2023 01:18 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Home Depot is the canary in the coal mine.
 Quoting: Anonymous Coward 83118642


Fidelity said it was a stock to watch today.
Col. Sam Flagg

User ID: 51522520
United States
05/16/2023 01:23 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Local Home Depot just got rid of all their gas-powered blowers and trimmers. Every single one.

I like Echo brand 2-cycle equipment, and they have all been removed from the shelves. Only ghey electric battery equipment remains.

2/3rds of the gas-powered lawnmowers have been replaced with ghey electric battery mowers too. Only vaxxed idiots and trans buy that shit.

Home Depot is Fucking themselves.
 Quoting: Anonymous Coward 72497887


I bought an Echo 2 cycle from Home Depot literally yesterday. But I live in a very red state. I would've gotten it from Lowes but they don't sell Echo.

The manufacturers have been shifting to electric everything based on left wing Millennial marketing "research." Home Depot and Lowes in my area stock probably 2/3 battery powered landscaping equipment now. They're fine if you live on a tiny lot. 1/2 acre and above you either need extra batteries or something gas powered.

The biggest problems with Home Depot vs Lowes are incompetent employees and their inability to keep basic items in stock.

3 months ago I installed a tall throne toilet but I forgot to get a longer water line. Home Depot is a lot closer than Lowes so I went there. They didn't have any. 3/8 to 3/4 inch, 16 inch long standard toilet hose. Nobody was working the plumbing section so I went to ask an employee if they could check to see if they had some in the back. After 10 minutes I found an employee who tried her best to ignore me. So I went to Lowes. In and out in 5 minutes. I was also offered help by employees twice.

I agree with you that everything wrong with Home Depot is self inflicted.
Anonymous Coward
User ID: 85689635
United States
05/16/2023 01:27 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
90 % drop in home refinancing which was often used in part for home improvement. Major drop in home equity loans due to soaring interest rates, falling home prices. Few use saving to renovate homes. Fix and flip market has dried up due to the crash in the real estate market.
 Quoting: Anonymous Coward 85237924


well there we go

 Quoting: beeches




But home prices haven't really fallen.
 Quoting: Anonymous Coward 84622367


They have in a LOT of areas.

Other areas it's been a small drop (so far), but they'll come down a lot more over the next 6 months.

---

"Home prices see biggest annual drop in over a decade" (Idaho)

[link to www.foxbusiness.com (secure)]

"Home prices have dropped 61% in Orange County"

[link to www.ocregister.com (secure)]

"2023’s Housing Correction Could Be The Largest Since Post-WWII"

[link to finance.yahoo.com (secure)]

"Home Prices in March Posted Biggest Annual Decline in 11 Years"

[link to www.wsj.com (secure)]
Macs Divoc

User ID: 77168401
United States
05/16/2023 01:37 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
OMG, it's down 1.65%!!!!!!
"You're gonna miss Christianity when it's gone".
Altiyan Childs

Shoon, we will all have to make decisions that will change our destinies . Choose wisely.
Anonymous Coward
User ID: 75451477
United States
05/16/2023 01:44 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Home prices will need to plunge in order for people to get a home and have money for upkeep in relation to the low wages.
Anonymous Coward
User ID: 85169189
United States
05/16/2023 01:45 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Home Depot is the canary in the coal mine.
 Quoting: Anonymous Coward 83118642


Fidelity said it was a stock to watch today.
 Quoting: Anonymous Coward 85798635


How does Jim Cramer feel about Home Depot stock?
Anonymous Coward
User ID: 84306605
United States
05/16/2023 01:58 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Ho Dopey went woke four years ago. Went woke, went broke.

In my town in Central Florida, Ho Dopey mysteriously lost all skilled workers and replaced.them with iignorant queens, surly lesbos, and latinos

Its so empty now.
Anonymous Coward
User ID: 82708808
United States
05/16/2023 02:04 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Ho Dopey went woke four years ago. Went woke, went broke.

In my town in Central Florida, Ho Dopey mysteriously lost all skilled workers and replaced.them with iignorant queens, surly lesbos, and latinos

Its so empty now.
 Quoting: Anonymous Coward 84306605




I think it’s largely the loss prevention. I mean the lack thereof.
Anonymous Coward
User ID: 85689635
United States
05/16/2023 02:09 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
OMG, it's down 1.65%!!!!!!
 Quoting: Macs Divoc


It's revenue plunge, not stock price (yet).
Saul T. O’firth

User ID: 79775100
United States
05/16/2023 02:16 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Entire market might have to tank in order to wake up the co-conspirators aligned with Blacrox et al
Saul T. O’firth

User ID: 79775100
United States
05/16/2023 02:18 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Ho Dopey went woke four years ago. Went woke, went broke.

In my town in Central Florida, Ho Dopey mysteriously lost all skilled workers and replaced.them with iignorant queens, surly lesbos, and latinos

Its so empty now.
 Quoting: Anonymous Coward 84306605


FACTS
Anonymous Coward
User ID: 77925600
United States
05/16/2023 02:20 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
I work there. I hope they cut my hours, i hate doing other peoples work. The manager literally watches youtube on his phone all day.
 Quoting: Anonymous Coward 83967299


There is NEVER someone to help. And those who respond, don't know.

We asked for help loading cement bags.

No one came.

We went out to the truck and began loading ourselves.

(One of us is disabled).

A couple of guys came by and loaded them for us. We insisted on giving them $20.00.
Anonymous Coward
User ID: 85595784
Spain
05/16/2023 02:28 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Home Depot is the canary in the coal mine.
 Quoting: Anonymous Coward 83118642


Fidelity said it was a stock to watch today.
 Quoting: Anonymous Coward 85798635


How does Jim Cramer feel about Home Depot stock?
 Quoting: Anonymous Coward 85169189


I'm sure said go long last week.lol
Anonymous Coward
User ID: 72718094
United States
05/16/2023 02:43 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
I work there. I hope they cut my hours, i hate doing other peoples work. The manager literally watches youtube on his phone all day.
 Quoting: Anonymous Coward 83967299


I’m a team lead and I watch you tube all hours of the day too

Get back at it.
Anonymous Coward
User ID: 72718094
United States
05/16/2023 02:44 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
I work there. I hope they cut my hours, i hate doing other peoples work. The manager literally watches youtube on his phone all day.
 Quoting: Anonymous Coward 83967299


There is NEVER someone to help. And those who respond, don't know.

We asked for help loading cement bags.

No one came.

We went out to the truck and began loading ourselves.

(One of us is disabled).

A couple of guys came by and loaded them for us. We insisted on giving them $20.00.
 Quoting: Anonymous Coward 77925600


Not my job to load your truck.
It’s a courtesy , next time bring more friends.
Not my fucking problem one of you is disabled.
Anonymous Coward
User ID: 81005041
United States
05/16/2023 03:00 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
had to go to home depot 3-4 times the last few weeks

there isn't 5-10 people in the store......


compared to peak ponzi they have to be off like 90% when accounting for thefts
 Quoting: Anonymous Coward 83752837


Our store is so packed, I try to avoid it at all costs.

If I need just a couple of items, I’ll spend the extra $2-$3 and shop at Ace.

Lowes isn’t any better, and the customer service sucks. When employees see you coming they turn around and rush for the “employee only” break room.
Anonymous Coward
User ID: 73793872
United States
05/16/2023 03:13 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
The neighborhood Home Depot hired a transgender 'woman' who speaks in a fake woman's voice and so I now shop at Lowes. Bought $5k in new windows from Lowes recently because Lowes doesn't have transgender workers (yet).

Homo Depot went woke.
 Quoting: Anonymous Coward 85417210


hesright
Anonymous Coward
User ID: 81005041
United States
05/16/2023 03:14 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
90 % drop in home refinancing which was often used in part for home improvement. Major drop in home equity loans due to soaring interest rates, falling home prices. Few use saving to renovate homes. Fix and flip market has dried up due to the crash in the real estate market.
 Quoting: Anonymous Coward 85237924


well there we go

 Quoting: beeches




But home prices haven't really fallen.
 Quoting: Anonymous Coward 84622367


They have in a LOT of areas.

Other areas it's been a small drop (so far), but they'll come down a lot more over the next 6 months.

---

"Home prices see biggest annual drop in over a decade" (Idaho)

[link to www.foxbusiness.com (secure)]

"Home prices have dropped 61% in Orange County"

[link to www.ocregister.com (secure)]

"2023’s Housing Correction Could Be The Largest Since Post-WWII"

[link to finance.yahoo.com (secure)]

"Home Prices in March Posted Biggest Annual Decline in 11 Years"

[link to www.wsj.com (secure)]
 Quoting: Anonymous Coward 85689635


Exact opposite for my area. We have the selfish, egotistical, and arrogant Californians moving into our area. DOL says 30K over the past thirteen months. They tell me they are fleeing the illegals, crime, and excessive taxes. I just told them they are bringing their same political ideology with them and will turn our nice, quiet city into a California sh1thole.

My house sits in a prime rural area but is still seven minutes from the nearest grocery store, movie theater, Costco, etc. I have a great house on 10 acres near a small river.

In the past six months, I have received three phone calls from people offering me $1.2M - $1.3M for the property. I have also received eleven text messages from another seven people. Two people offered cash and would pay $250K over the best offer I had received. It’s crazy, but I’m not selling.
Anonymous Coward
User ID: 80248682
United States
05/16/2023 03:16 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Credit cards maxed out…

The beginning of the end…


[link to www.zerohedge.com (secure)]
 Quoting: Fugazi World


I go there because they usually have what I need.

The service is shit, though. You're pretty much on your own. When you do find someone in plumbing, electrical, etc they generally don't know jack and I know more than they do.

And I admire that the CEO did not get onboard and require vaxxes for employees.
Anonymous Coward
User ID: 80248682
United States
05/16/2023 03:21 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
...


well there we go

 Quoting: beeches




But home prices haven't really fallen.
 Quoting: Anonymous Coward 84622367


They have in a LOT of areas.

Other areas it's been a small drop (so far), but they'll come down a lot more over the next 6 months.

---

"Home prices see biggest annual drop in over a decade" (Idaho)

[link to www.foxbusiness.com (secure)]

"Home prices have dropped 61% in Orange County"

[link to www.ocregister.com (secure)]

"2023’s Housing Correction Could Be The Largest Since Post-WWII"

[link to finance.yahoo.com (secure)]

"Home Prices in March Posted Biggest Annual Decline in 11 Years"

[link to www.wsj.com (secure)]
 Quoting: Anonymous Coward 85689635


Exact opposite for my area. We have the selfish, egotistical, and arrogant Californians moving into our area. DOL says 30K over the past thirteen months. They tell me they are fleeing the illegals, crime, and excessive taxes. I just told them they are bringing their same political ideology with them and will turn our nice, quiet city into a California sh1thole.

My house sits in a prime rural area but is still seven minutes from the nearest grocery store, movie theater, Costco, etc. I have a great house on 10 acres near a small river.

In the past six months, I have received three phone calls from people offering me $1.2M - $1.3M for the property. I have also received eleven text messages from another seven people. Two people offered cash and would pay $250K over the best offer I had received. It’s crazy, but I’m not selling.
 Quoting: Anonymous Coward 81005041


Most of them are complete retardo libtard asshats, filled with smug, failed ideology pontificates and sneering superiority.

They will import the very same ideas to your state as they supported, voted for in CA, and ran away from.

Inevitably, they will flip the politics and it will become another woke shithole.

Liberals destroy everything they touch.

Sorry.
Anonymous Coward
User ID: 73292428
United States
05/16/2023 03:28 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
had to go to home depot 3-4 times the last few weeks

there isn't 5-10 people in the store......


compared to peak ponzi they have to be off like 90% when accounting for thefts
 Quoting: Anonymous Coward 83752837



Theft is the problem 100%
 Quoting: Mollzyie


If I could only figure out a way to shoplift a 4x8' sheet of plywood...
 Quoting: BrainGuy:Violated Posting Rule


Hide it in the large gallon plastic storage totes.
Anonymous Coward
User ID: 73292428
United States
05/16/2023 03:36 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
HD supports “The Agenda”!

My money has been going to Lowe’s.

Goodbye Bastards..
 Quoting: Anonymous Coward 85838761


Remember during the Floyd riots when they supplied rental vans and dropped off bricks for Antifa? Eff HD!
Anonymous Coward
User ID: 77597649
United States
05/16/2023 03:46 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Home Repo
Anonymous Coward
User ID: 76806476
United States
05/16/2023 03:51 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
And when the employees see you looking at them (to ask for help finding something), they avoid eye contact and run the other way. Good luck getting in any help in there.
Anonymous Coward
User ID: 85689635
United States
05/16/2023 03:56 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
...


well there we go

 Quoting: beeches




But home prices haven't really fallen.
 Quoting: Anonymous Coward 84622367


They have in a LOT of areas.

Other areas it's been a small drop (so far), but they'll come down a lot more over the next 6 months.

---

"Home prices see biggest annual drop in over a decade" (Idaho)

[link to www.foxbusiness.com (secure)]

"Home prices have dropped 61% in Orange County"

[link to www.ocregister.com (secure)]

"2023’s Housing Correction Could Be The Largest Since Post-WWII"

[link to finance.yahoo.com (secure)]

"Home Prices in March Posted Biggest Annual Decline in 11 Years"

[link to www.wsj.com (secure)]
 Quoting: Anonymous Coward 85689635


Exact opposite for my area. We have the selfish, egotistical, and arrogant Californians moving into our area. DOL says 30K over the past thirteen months. They tell me they are fleeing the illegals, crime, and excessive taxes. I just told them they are bringing their same political ideology with them and will turn our nice, quiet city into a California sh1thole.

My house sits in a prime rural area but is still seven minutes from the nearest grocery store, movie theater, Costco, etc. I have a great house on 10 acres near a small river.

In the past six months, I have received three phone calls from people offering me $1.2M - $1.3M for the property. I have also received eleven text messages from another seven people. Two people offered cash and would pay $250K over the best offer I had received. It’s crazy, but I’m not selling.
 Quoting: Anonymous Coward 81005041


If they're starting to infest your area, it may be wise to accept a really high offer and relocate somewhere else before it gets bad.

That kind of money could get you 200 acres with lake front in a rural area in North Florida (20 minutes to a medium sized city).

Low property tax, no state income tax, etc.
Anonymous Coward
User ID: 78267623
United States
05/16/2023 04:03 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
People have less disposable income due to inflation.
Pistis Sophia of the 13th Aeon

User ID: 80472187
United States
05/16/2023 04:04 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
I own a small retail business and I can tell you that looks like this is happening.

We are down about 15 to 20% so far this May compared to last year. The slow down seemed to start a couple weeks after Easter. We are up on the year as a whole so far but the last month has been far from great.
 Quoting: Fugazi World




[link to www.youtube.com (secure)]
"Honey, I’m the original one-eyed chicklet in the kingdom of the blind."
Anonymous Coward
User ID: 83908499
United States
05/16/2023 04:05 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
Liberals destroy everything they touch.
 Quoting: Anonymous Coward 80248682


What are they not destroying?

Liberals are fucking up the media, cities/states, schools/colleges, Hollywood/pro-sports, corporations/Silicon Valley, non-profits/religions.

Liberals' official motto is: "We Came, We Saw, You Died." Then they all start cackling.

.
Anonymous Coward
User ID: 81005041
United States
05/16/2023 04:08 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
...




But home prices haven't really fallen.
 Quoting: Anonymous Coward 84622367


They have in a LOT of areas.

Other areas it's been a small drop (so far), but they'll come down a lot more over the next 6 months.

---

"Home prices see biggest annual drop in over a decade" (Idaho)

[link to www.foxbusiness.com (secure)]

"Home prices have dropped 61% in Orange County"

[link to www.ocregister.com (secure)]

"2023’s Housing Correction Could Be The Largest Since Post-WWII"

[link to finance.yahoo.com (secure)]

"Home Prices in March Posted Biggest Annual Decline in 11 Years"

[link to www.wsj.com (secure)]
 Quoting: Anonymous Coward 85689635


Exact opposite for my area. We have the selfish, egotistical, and arrogant Californians moving into our area. DOL says 30K over the past thirteen months. They tell me they are fleeing the illegals, crime, and excessive taxes. I just told them they are bringing their same political ideology with them and will turn our nice, quiet city into a California sh1thole.

My house sits in a prime rural area but is still seven minutes from the nearest grocery store, movie theater, Costco, etc. I have a great house on 10 acres near a small river.

In the past six months, I have received three phone calls from people offering me $1.2M - $1.3M for the property. I have also received eleven text messages from another seven people. Two people offered cash and would pay $250K over the best offer I had received. It’s crazy, but I’m not selling.
 Quoting: Anonymous Coward 81005041


Most of them are complete retardo libtard asshats, filled with smug, failed ideology pontificates and sneering superiority.

They will import the very same ideas to your state as they supported, voted for in CA, and ran away from.

Inevitably, they will flip the politics and it will become another woke shithole.

Liberals destroy everything they touch.

Sorry.
 Quoting: Anonymous Coward 80248682


I have a funny story to pass on.

Our police force here is fair but strict. I was out near mid-city one day and driving down a steep area on the road, two cars were racing and cutting in and out of traffic.

Now the speed limit is 50MPH but these jokers, in lowered Teslas, were going 80 at times. I just started laughing because this is a high ticket area. And sure enough, City police and Sheriffs were chasing them.

Traffic moved to the side of the road because of the sirens. It was actually hilarious to see these Teslas trying to outrun the cop cars, which were now on their tails. Then, all of a sudden, the cops hit their brakes and the Teslas ran over spike strips. One spun 270 degrees and the other tried to keep going on rims with sparks flying. A Sheriff car finally performed the PIT maneuver and the Tesla spun 160 degrees.

The cops pulled out their handguns and ordered the drivers out. From my vantage point, I could see the one driver trying to hide something. He opened the door, put his hands out, and stepped out. He knelt down and was arrested. The second driver actually tried to run at this point and the Sheriff released the K-9. The driver tried to climb a pine tree near a building but the dog kept nipping his legs and butt. He gave up quickly.

There was a passenger in one of the cars and he was also arrested. As they let us drive past, I noticed both license plates……California. All three arrested were black with their pants hanging down.

The next day, an article in our newspaper explained these men were wanted in California for weapons violations, drug possession with intent to sell, eluding police, assault and battery, and one was wanted for rape.

Now we taxpayers have to pay for them to sit in prison for the crimes they just committed in our state before they can be sent back to California. The one driver I could see trying to hide something, it was a stolen handgun.
Mithradates

User ID: 2701704
United States
05/16/2023 04:11 PM
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Re: Home Depot plunges after worst revenue miss in 20 years
F Home Depo and Lowes I go to a local store where the employees really try to help you. Yes it cost more but they employ normal people and it feeds my local economy.





GLP