Home Depot braces for muted demand in 2023, reports modest 0.3% revenue increase for Q4 2022

Home improvement merchant The Home Depot Inc. is preparing for a slowdown in demand this year. Inflation, coupled with a slowing housing market, continues to impact consumer spending habits, Jeff Kinnaird, executive vice president of merchandising, told investors during the company’s fiscal fourth quarter 2022 earnings call. As the broader economy shifts from goods back […] The post Home Depot braces for muted demand in 2023, reports modest 0.3% revenue increase for Q4 2022 appeared first on Digital Commerce 360.