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Home Depot management gave a pessimistic outlook for consumer spending in 2023.
Home Depot's (HD 0.97%) latest earnings release on Feb. 14 came with a flat revenue forecast for 2023. Sales had been growing explosively for Home Depot since the outbreak of COVID-19. Those good times appear to be over as consumer spending shifts. This video will analyze what that could mean for dividend stock investors.
*Stock prices used were the afternoon prices of Feb. 21, 2023. The video was published on Feb. 21, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool has a disclosure policy.
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