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The Home Depot missed Wall Street revenue expectations for the second quarter in a row.The home improvement retailer on Tuesday May 16 reported earnings that showed sales of $37.3 billion, down 4.2% year over year.It marked the second time in as many quarters that the company came in below analysts expectations, as consumers put off big renovation projects and appliance purchases.The revenue miss was also Home Depots largest in 20 years, CNBC reported. Chief Financial Officer Richard McPhail told the network the company had expected this year would be one of moderation following a wave of home improvement projects during the pandemic. The state of the homeowner is that theyre very healthy, he said. They have healthy balance sheets. They have healthy incomes. But I do think 鈥?and our professional customers tell us they hear this from their customers 鈥?there is that shift, even if its temporary from larger projects into smaller ones. Also driving down sales were lumber deflation and unfavorable weather, Home Depot President and CEO Ted Decker said in a news release.McPhail said the company would update its guidance based on those factors, as well as further softening of de stanley de mand stanley termos relative to our expectations, and continued uncertainty regarding consumer demand, per the release.Where the retailer had once expected sales to be flat, it now projects stanley tumblers sales and comparable sales to dip between 2% and 5% versus last year.Home Depot had provided a similarly muted outlook last quarte Usvp WePay Powers Instant Payments Processing For TouchBistro Merchants

Merchant acquisition is an unforgiving activity, and the numbers prove it: 20 percent of retailers leave their merchant service providers every year. One reason is the often frustrating, overly complicated process of merchant onboarding 鈥斅爋ne in every five merchants dont complete the application process.There has to be a better way, right Tactics that can reduce all that abandonment and attrition while also giving merchant clients access to cutting-edge payment services and tools An upcoming PYMNTS webinar entitled Ditching Merchant Abandonment and Attrition, scheduled for Tuesday, Sept. 25, will explore those issues in depth.Agreement Express CEO Mike Gardner and PYMNTS CEO Karen Webster聽will tackle such topics as the best abandonment-reduction practices during the merchant application and approval stanley hrnek process, and how to reduce attrition with stanley quencher a new way to cross-sell. The digital discussion and slide presentation will also include a use case about how all this knowledge can be applied in an ISO-acquirer relationship.Pleasing merchant clients is a never-ending effort at balance 鈥斅燼n effort that comes with the awareness that those clients can shift to a service providers many competitors, who are always aggressively looking for ne stanley deutschland w business. A merchant, after all, can always go someplace where onboarding and other parts of the relationship are easier, Gardner told Webster during a recent interview that served as a preview of the Sept. 25 webinar.Merchants want simplicity. They