The home improvement chain, which has distanced itself from co-founder Bernie Marcus’ support for Trump’s re-election campaign, blamed the impact of the trade dispute as well as a continued slump in lumber prices for a cut in its full-year sales forecast. Home Depot said it now expects 2019 sales to rise about 2.3%, down from a prior forecast of a 3.3% increase. The home improvement chain, which is looking to broaden its business beyond its core “do-it-yourself” customers, said its average bill amount rose 1.7% to $67.3 in the reported quarter.

source https://finance.yahoo.com/news/home-depot-beats-quarterly-profit-122237988.html?.tsrc=rss