Home Depot Q4 Results Tops Estimates But Outlook Falls Short

Group 1 - Home Depot reported fourth-quarter adjusted earnings per share (EPS) of $3.13 on revenue of$39.70 billion, surpassing analysts' expectations of $3.03 EPS and$39.12 billion in revenue [1] - The company anticipates total sales growth of approximately 2.8% in 2025, with a 1% increase in comparable store sales, which is below analysts' expectations of 3.27% and 1.88% respectively [2] - Home Depot projects a decline in full-year adjusted EPS by about 2% from $15.24 in 2024, contrary to the analyst consensus predicting an increase to$15.63 [2] Group 2 - Comparable store sales for Q4 increased by 0.8% year-over-year, defying analysts' forecast of a 1.48% decline, marking a turnaround after eight consecutive quarters of decline [3] - The company and its competitor Lowe's have indicated that inflation and a post-pandemic slowdown in home-improvement projects have negatively impacted sales [3]