Home Depot Inc on Wednesday forecast fiscal 2020 sales growth below Wall Street expectations, three weeks after the home improvement chain cut its 2019 sales forecast. The company said last month that its One Home Depot strategy, which aims to improve the online and brick-and-mortar businesses, was not yet generating as much revenue as it had expected, prompting it to cut its 2019 sales forecast for the second time. The strategy will address the evolving needs of its customers, Chief Executive Officer Craig Menear said in a statement on Wednesday. …read more
Source:: Yahoo Finance
