Profit at Home Depot Boosted by More Customers

Profit at Home Depot Boosted by More Customers

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the increase in sales and earnings for the third quarter, despite a stock sell-off due to unchanged forward guidance. It highlights a significant data breach announced in September, which is expected to incur costs of $27 to $34 million for 2014. Despite the breach, customer traffic increased by 3.2%, though a survey indicated that 47% of informed consumers might alter their shopping habits. Analyst David Schick from Stifel notes the difficulty in understanding market shifts without complete data, such as information from competitors like Lowe's.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the sales trends for the third quarter mentioned in the text?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the analyst David Schick mention about the availability of data regarding market shifts?

Evaluate responses using AI:

OFF