Home Depot said retail theft continues to be a challenge.CFO Richard McPhail said the operating environment is "getting harder and harder."However, the executive said investments to combat shoplifting and organized theft "are paying off." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

The Home Depot Inc. (HD) has reported third-quarter fiscal 2024 results, wherein earnings and sales surpassed the Zacks Consensus Estimate. Meanwhile, the company’s top line improved year over year in the third quarter of fiscal 2024, while earnings per share declined year over year.Home Depot's adjusted earnings of $3.78 per share declined 1.8% from $3.85 in the year-ago quarter. However, the bottom line beat the Zacks Consensus Estimate of $3.65.Find the latest EPS estimates and surprises on Zacks Earning ...

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 ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of HD, LOW, JNJ, TFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The contents of this article, my previous articles, and my comments are for informational purposes only and may not be considered ...

Following a raucous trading week that continued into Monday, which demonstrated a big relief rally that came after the 2024 General Election, pre-market futures are flat at this hour. It’s also the single-busiest day of Q3 earnings season, with nearly 800 companies reporting.We see no economic reports hitting the tape today, though we expect to hear statements from Fed Governor Christopher Waller, Philadelphia Fed President Patrick Harker and Richmond President Tom Barkin. Tomorrow morning we’ll get a new I ...

Home Depot expects a smaller decline in annual store sales following better-than-expected performance over the past three months, which was partly driven by hurricane recovery efforts. "As weather normalized, we saw better engagement across seasonal goods and certain outdoor projects as well as incremental sales related to hurricane demand," CEO Ted Decker said in the company's earnings release Tuesday. Decker told analysts Tuesday that the company's third-quarter performance exceeded expectations despite " ...

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).“While macroeconomic uncertainty remains, our third quarter performance exceeded our expectations,” Home Depot Chair, President and CEO Ted Decker said in a statement. “As weather normalized, we saw better engagement across seasonal goods and ...

Home Depot (HD) reported $40.22 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 6.7%. EPS of $3.78 for the same period compares to $3.81 a year ago.The reported revenue represents a surprise of +2.17% over the Zacks Consensus Estimate of $39.36 billion. With the consensus EPS estimate being $3.64, the EPS surprise was +3.85%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Home Depot Inc (NYSE:HD) stock is the latest Dow component to announce third-quarter results. The home improvement retailer beat top- and bottom-line estimates and also hiked both its same-store annual sales and growth forecasts, citing strong demand on the heels of hurricane season. HD is up 0.2% to trade at $409.39 at last check, and sports a 18.5% lead for 2024. Eyeing their third-straight daily gain today, shares are trading at their highest level in close to a month as they bounce off the 60-day moving ...

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. Tailwinds will form in 2025 as policy headwinds ease and Trump’s business and consumer-friendly policies spur activity, specifically in the housing market.  Home Depot TodayHDHome Depot$408.88 +0 ...