Home Depot reported second-quarter earnings that outperformed expectations.

<div class="block">Home Depot reported second-quarter earnings that outperformed expectations.</div>

Need2Know Headlines

Home Depot Beats Earnings Expectations

Home Depot reported second quarter earnings a little bit ago and outperformed expectations with sales of close to 43 billion. The company saw 2% year on year sales dip though and the CFO Richard macphail said he didn't expect to see meaningful inflation in the second half of the year. He did note a continued caution though among consumers regarding major purchases linking some to bigger buys during the pandemic and others deferring due to rising interest rates.