Retail Giants Face Quarterly Reckoning
This week is shaping up to be an important one for quarterly results from major retailers. Home Depot will report its second quarter results before the market opens tomorrow, August 18th. Lowe's and Target will follow suit on Wednesday, while Walmart will release its quarterly results on Thursday.
The news comes as Home Depot faces a decline in customer transactions, with The Globe and Mail reporting that this marks the fifth straight quarter of falling sales in this area.