Home Depot’s Transaction Drought Deepens | Business and Finance News

Home Depot’s customer traffic has been steadily declining for over a year, with fewer transactions each quarter—even as shoppers spend more per visit. This flat sales growth masks a troubling trend: fewer people are walking through the door, and the company can’t fix it by changing consumer behavior. CEO blames housing affordability and uncertainty, not competition. With Q2 results looming, investors are watching closely to see if the six-quarter slide continues—or if a rebound is finally in sight. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d87528db06ddd774