KB Home Cuts Guidance as Middle East Instability Adds to Homebuyers’ Caution
Corroborated by 4 sources from 4 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, home Depot Inc (NYSE:HD, XETRA:HDI) said on Tuesday its subsidiary SRS Distribution has agreed to acquire Mingledorff’s, a southeastern US distributor of heating, ventilation and air conditioning (HVAC) equipment, as the retailer expands its push to serve professional contractors.
Sources
1
Investing.com News
https://www.investing.com/news/analyst-ratings/kb-home-stock-initiated-with-outperform-rating-at-citizens-93CH-4576650
2
CNBC 10000115
https://www.cnbc.com/2026/03/24/home-flippers-see-smallest-profits-since-great-recession-data-firm-says.html
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/home-depot-unit-srs-acquire-153200127.html
4
CNBC Top News
https://www.cnbc.com/2026/03/24/home-depot-makes-another-pro-deal-plus-whats-behind-cornings-big-rally.html
5
Investing.com News
https://www.investing.com/news/earnings/kb-home-earnings-missed-by-003-revenue-fell-short-of-estimates-4578497
6
CNBC 100004038
https://www.cnbc.com/video/2026/03/24/kb-home-shares-fall-more-than-7-percent-after-earnings-miss.html
7
Dow Jones U.S. Business
https://www.wsj.com/business/earnings/kb-home-cuts-guidance-as-middle-east-instability-adds-to-homebuyers-caution-38d7df49?mod=pls_whats_news_us_business_f