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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Home Depot's CFO warned of softening home improvement demand through 2025 due to inflation and job loss fears, describing the housing market as 'frozen' with existing home sales at historical lows due to high mortgage rates. The company plans to focus on professional customers and leverage AI for efficiency. Meanwhile, Frontdoor, Inc. has faced challenges post-Covid but has pivoted to direct-to-consumer services, with non-warranty revenues now comprising 9% of sales.