<Research>Citi Cuts TECHTRONIC IND 2024-26 Earnings Forecast By ~2%; Home Depot 1FQ SSS Miss
Citi Research highlighted that Home Depot (HD.US) 's same-store sales (SSS) fell 2.8% in 1FQ24, missing market expectations of a 2% decline. Home Depot management attributed the miss to a delay in spring groundbreaking and continued weakness in some of its large licensing projects, while also reiterating its FY24 target for SSS to just decline about 1%.