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.
一名分析師表示,在搖搖欲墜的經濟環境下,謹慎的消費者在等待聯邦儲備委員會9月中旬的預期利率削減時,使得Home Depot(紐交所:HD)的營收第二季度有所減緩。
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.
這家零售巨頭三個月的收入爲431億美元,比去年同期下降了0.6%,低於華爾街的433億美元的共識。
"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.
Telsey諮詢集團的分析師Joseph Feldman在一份報告中表示,「營收下降反映出家居裝修和住房市場趨勢的壓力,伴隨着更高的利率和宏觀經濟的不確定性。」
"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.
分析師補充道:「此外,首席財務官Richard McPhail在今天的CNBC採訪中談到,在當前環境下,消費者變得越來越謹慎,同時推遲了一些即將上市的項目,預計未來三到六個月的利率削減將降低融資成本。」
Read Also: Home Depot Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
閱讀也可了解:家得寶即將發佈季度報告;華爾街最準確的分析師對其最新預測
Tesley maintained a Market Perform rating and a $360 price target on Home Depot.
Telsey維持購買評級並將家得寶的目標價設爲360美元。
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.
Home Depot今年早些時候收購建築材料提供商SRS Distribution Inc.,在季度內的六週實現了13億美元的營業收入。
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%.
第二季度顧客交易量下降1.8%。全球門店的同店銷售額下降了3.3%,美國的同店銷售額下降了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.
第二季度毛利潤較去年同期增長1.8%,達到了144億美元,毛利率爲33.4%,較去年提高40個點子。
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.
家得寶股價在週二下午交易時上漲了1.52美元,至351.12美元,而跟蹤該股票的交易所交易基金則對週二的收益報告做出了不同的反應。
- 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 U.S. Consumer Focused ETF(BATS: IEDI)上漲了0.23%。
- 消費者非必需消費類ETF-SPDR (紐交所:XLY)上漲2.28%。
- 零售指數ETF-VanEck(納斯達克:RTH)下跌0.18%。
- ProShares Ultra Consumer Discretionary(紐交所:UCC)下跌1.06%。
- 富達MSCI消費者自由選擇指數ETF(紐交所:FDIS)上漲2.14%。
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Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。