NYSE:HDSpecialty Retail
Can Home Depot’s (HD) AI Push Offset Softer Same-Store Sales and a Weaker Earnings Outlook?
In recent days, Home Depot reported earnings that showed weak comparable sales and guided to about a 5% decline in full-year adjusted EPS, reinforcing concerns about soft consumer demand and pressured operating margins. At the same time, the company expanded its use of artificial intelligence through deeper collaborations with Google Cloud’s Gemini models and Rilla’s real-time coaching tools to improve customer service and operational efficiency.
An interesting tension for investors is that...