Melissa Repko

Home Depot is reporting earnings before the bell. The home improvement retailer is mired in a sales slump after high interest rates and mortgage rates forced consumers to put off major projects.

Home Depot's major acquisition is boosting the business as home improvement demand remains slow.

Walmart will report fiscal third-quarter earnings before the bell on Tuesday. The discounter will deliver its latest sales results and read on the U.S. consumer as retailers enter a crucial shopping season.

Lowe's topped third-quarter earnings and revenue estimates on Tuesday. The home improvement retailer raised its outlook, but still expects full-year sales to decline from the prior year.

Target has cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.

Consumers have pulled back on buying discretionary goods, the big-box retailer said.

Inside Target Corp.'s Flagship Store (Ben Brewer / Bloomberg via Getty Images)

Target on Wednesday missed Wall Street’s quarterly earnings and revenue expectations and posted only a slight uptick in customer traffic, despite the discounter’s price cuts on thousands of items and its early holiday sale. (Snip) Target now expects fourth-quarter comparable sales to be approximately flat. That metric, which is also known as same-store sales, includes sales on its website and stores open at least 13 months. Target fell short of Wall Street’s earnings per share estimate by 20%, its biggest miss in two years. It also marked its first revenue miss since August 2023. The company’s shares plunged more than

Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise and sharper gains with online sales.

Target reported earnings Wednesday that came in far below Wall Street's expectations, something the big-box retailer attributed to slower than expected demand.