Pensacola Home Experts: Inflation Causes Cut Backs on Remodeling
By Charles Stallions, 850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.
(Charles Stallions Real Estate Services )
Home Depot sales surged during pandemic lockdowns but fell short of expectations in 1Q 2023. Consumers still want to remodel but they’re now choosing smaller projects. ATLANTA – After years of explosive growth during the pandemic, Home Depot’s revenue during the first quarter fell short of expectations and the company cut its profit and sales outlook for the year, sending shares skidding before the opening bell Tuesday. It was a rough start to a busy week of retail earnings and the numbers from the nation’s biggest home improvement chain dragged down retails stocks as well as the Dow. By Michelle Chapman Pensacola is the westernmost city in the Florida Panhandle, and the county seat and only incorporated city of Escambia County, Florida. Pensacola is the principal city of the Pensaco...
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