7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Home Depot leaves annual forecasts unchanged as U.S. housing market slows

A Home Depot location in Mexico City, on Jan. 15.LUIS CORTES/Reuters

Home Depot Inc HD-N on Tuesday left its annual forecasts unchanged even as quarterly results topped Wall Street expectations, raising concerns about demand heading into the holiday season amid a slowing housing market.

Shares in the largest U.S. home improvement chain slipped in early trade, with the number of transactions falling in the quarter as surging inflation deterred do-it-yourself customers.

Mortgage rates have more than doubled since the start of 2022, cooling the housing market that boomed in the pandemic.

Home Depot reiterated its full-year outlook, which Jefferies analysts said implied its fourth-quarter earnings would come in below Wall Street.

Although demand from contractors, builders and other professional customers remained strong, DIY customers who had splurged on paint, tools and gardening equipment last year cut back on spending in the third quarter of this year.

“Home Depot is not immune to a tightening economy,” said Neil Saunders, managing director of GlobalData, adding that a weakening housing market was reducing demand for its products.

Home Depot, like other retailers, has had to raise prices across the board to shield its margins from commodity inflation and higher costs of freight and labor.

The price increases helped the company post an 8.8 per cent jump in average ticket – or the average amount of sales per customer – helping offset a 4.3 per cent fall in customer transactions in the quarter.

Comparable sales at Home Depot rose 4.3 per cent in three months ended Oct. 30, beating estimates of a 3.1 per cent increase, according to Refinitiv IBES data.

Net earnings increased to $4.34-billion, or $4.24 per share, while analysts on average expected a profit of $4.12 per share.

The company reaffirmed its fiscal 2022 comparable sales growth forecast of about 3 per cent.

https://www.tausiinsider.com/home-depot-leaves-annual-forecasts-unchanged-as-u-s-housing-market-slows/?feed_id=370991&_unique_id=648eadbd58c06

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