The Home Depot, Inc. (HD)
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.
Cautious Consumers, Hurricane Spend Define Home Depot's B2B-Focused Third Quarter
The Home Depot's focus on the professional market remains unwavering, even as U.S. consumers curb their home improvement splurges. That was the latest from the Atlanta-based retailer's executives as they shared the company's third-quarter 2024 earnings Tuesday (Nov. 12).
Home Depot (HD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Home Depot (HD) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Home Depot Stock Edges Higher on Beat-and-Raise
Home Depot Inc (NYSE:HD) stock is the latest Dow component to announce third-quarter results.
Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
Home Depot NYSE: HD is moving higher on the combined forces of outperformance and an expectation for tailwinds to develop in 2025. Better-than-expected consumer trends, acquisitions, and the pro-business drive outperformance in 2024, leading the company to improve guidance against a backdrop of negative sentiment.
Savvy acquisition saves Home Depot from third-quarter revenue decline
Home Depot Inc (NYSE:HD, ETR:HDI) reported third-quarter sales of $40.2 billion, marking a 6.6% increase compared to the same period in 2023. Comparable sales, however, dropped by 1.3% year-over-year.
Home Depot stock rises after Q3 earnings beat, 2024 guidance raised
Home Depot's stock gained in early trading on Tuesday after the home improvement giant reported better-than-expected third-quarter earnings and raised its profit forecast for the year. The increase in sales was partly driven by higher spending following severe weather in the southeastern US.
