The Home Depot, Inc. (NYSE:HD) Q4 2023 Results Conference Call February 20, 2024 9:00 AM ET Company Participants Isabel Janci - VP, IR & Treasurer Edward Decker - Chair, President and CEO Ann-Marie Campbell - Senior Executive Vice President William Bastek - Executive Vice President of Merchandising Richard McPhail - Executive VP & CFO Chip Devine - SVP, Outside Sales Conference Call Participants Simeon Gutman - Morgan Stanley. Zachary Fadem - Wells Fargo Christopher Horvers - JPMorgan Chase & Co Scot Ciccar ...

Key TakeawaysHome Depot reported fiscal 2023 fourth-quarter revenue and profit that exceeded analysts' expectations, but sales guidance that disappointed investors.The home improvement retailer projects comparable sales to decline about 1% in fiscal 2024 as customers defer large projects and big-ticket purchases in an environment of still-high interest rates.Home Depot said that while the home improvement market still faces headwinds, the pressure on sales won't be as significant as it was in 2023. Home Dep ...

Home Depot (HD) reported $34.79 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 2.9%. EPS of $2.82 for the same period compares to $3.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $34.55 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of +1.81%, with the consensus EPS estimate being $2.77.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

The retail sector is in focus with the earnings releases of big retailers coming up. Big-box retailers like Wal-Mart (WMT) , Home Depot (HD) , Lowe’s (LOW) and Target (TGT) , as well as store channels like Nordstrom (JWN) and Kohls (KSS) are expected to report this week and in the coming weeks.On the S&P 500 Index, 17 out of 33 retailers have already reported. Earnings of these companies are up 72.4% from the same period last year on 10.7% higher revenues, with 88.2% beating EPS estimates and 58.8% beating ...

Home Depot (HD) came out with quarterly earnings of $2.82 per share, beating the Zacks Consensus Estimate of $2.77 per share. This compares to earnings of $3.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.81%. A quarter ago, it was expected that this home-improvement retailer would post earnings of $3.76 per share when it actually produced earnings of $3.81, delivering a surprise of 1.33%.Over the last four quarters, the ...

Shares of Home Depot Inc. HD, +0.35% shed 1.8% in premarket Tuesday, after the home improvement retail giant reported fiscal fourth-quarter same-U.S. store sales that missed expectations and provided a downbeat full-year outlook, but raised its dividend by 7.7%. Net income for the quarter to Jan. 28 fell to $2.8 billion, or $2.82 a share, from $3.36 billion, or $3.30 a share, in the year-ago period, to beat the FactSet consensus of $2.77. Sales fell 2.9% to $34.79 billion, above the FactSet consensus of $3 ...

ATLANTA, Feb. 20, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported fourth quarter and fiscal 2023 results. Fourth Quarter 2023 Sales for the fourth quarter of fiscal 2023 were $34.8 billion, a decrease of 2.9% from the fourth quarter of fiscal 2022. Comparable sales for the fourth quarter of fiscal 2023 decreased 3.5%, and comparable sales in the U.S. decreased 4.0%.  Net earnings for the fourth quarter of fiscal 2023 were $2.8 billion, or $2.82 per diluted ...

The logo of Home Depot is seen on a signboard near its store in Seattle. Home Depot is expected to report its quarterly earnings this week.Home Depot will report its fiscal fourth-quarter earnings on Tuesday, as investors look for signs that demand for kitchen appliances and supplies for home improvement projects may be rebounding as inflation cools.Here's what Wall Street analysts are expecting, according to a survey by LSEG, formerly known as Refinitiv:Earnings per share: $2.77Revenue: $34.64 billionHome ...

Walmart will begin its second half century of dividend growth in late February. Alexander Farnsworth/iStock Editorial via Getty Images This is the latest in my series of articles where I provide predictions of annual dividend increases for long-term dividend growth companies. At the end of January, I provided predictions for 20 dividend growth companies that have historically announced annual payout increases in the first half of February. In this article I'll look at another 10 dividend growth companies th ...