Home Depot Inc. (HD)
Looking Ahead to Retail Sector Earnings
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact'
Home Depot Inc.'s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.
Home Depot Hammers Down Strong Q3 Sales, Builds For Long-Term Success
Home Depot Inc HD released its third-quarter earnings report Tuesday, posting revenue and EPS beats, aided by recent bouts of extreme weather. Analysts are still bullish on the Atlanta, Georgia-based company.
Home Depot Q3: Additional Hurricane Related Demand
I reiterate a 'Buy' rating for Home Depot with a fair value of $450 per share, citing effective cost management and improved sales. Home Depot's Q3 saw a 1.3% decline in same-store sales, but hurricane-related demand contributed positively, adding $200 million in sales. The company is guiding for 4% revenue growth in FY24, with a 2.5% decline in same-store sales and 12 new store openings.
Home Depot says shoplifting challenges aren't getting any easier
Home Depot said retail theft continues to be a challenge. CFO Richard McPhail said the operating environment is "getting harder and harder.
3-Stock Lunch: Home Depot, Honeywell, & Tyson Foods
Michael Landsberg, Landsberg Bennett Private Wealth CIO, joins CNBC's 'Power Lunch' to discuss outlooks on three stocks: Home Depot, Honeywell, and Tyson Foods.
Home Depot Q2 Earnings & Sales Beat, Stock Gains on Raised View
HD's Q3 results reflect gains from sales growth, backed by contributions from the SRS Distribution acquisition and an improved gross margin.
Home Depot Tops Estimates, Lifts Sales Outlook
Home Depot (HD) shares were modestly lower by midday Tuesday after its third-quarter results came in above estimates and the retailer also lifted fiscal 2024 sales projections.
The Home Depot, Inc. (HD) Q3 2024 Earnings Call Transcript
The Home Depot, Inc. (NYSE:HD ) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Isabel Janci - Vice President of Investor Relations and Treasurer Ted Decker - Chair, President and Chief Executive Officer Ann-Marie Campbell - Senior Executive Vice President Billy Bastek - Executive Vice President, Merchandising Richard McPhail - Executive Vice President and Chief Financial Officer Chip Devine - Senior Vice President, Outside Sales Hector Padilla - Executive Vice President, U.S. Stores and Operations John Deaton - Executive Vice President, Supply Chain & Product Development Conference Call Participants Zach Fadem - Wells Fargo Chuck Grom - Gordon Haskett Seth Sigman - Barclays Steven Zaccone - Citi Scot Ciccarelli - Truist Michael Lasser - UBS Simeon Gutman - Morgan Stanley Steven Forbes - Guggenheim Operator Greetings, and welcome to The Home Depot Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Home Depot: A Contrarian Sell After Solid Q3 Earnings? No, Here's Why
The Home Depot reported strong Q3 2024 results, with adjusted earnings per share and sales exceeding expectations. However, the 6.6% sales growth shouldn't be overinterpreted. Company-wide comparable sales declined by 1.3%, a significant improvement against the backdrop of a continued challenging environment and inflationary pressures on consumers. Operating profitability weakened as expected, but there are signs of stabilization. FCF for the first nine months was comparatively weak, but this is largely due to a difficult comparison.
Home Depot sales see uptick from hurricane recovery
Home Depot reported better than expected sales during the prior three months as consumers relied on its products to help them recover from Hurricanes Helene and Milton.
