Extra Week Helps Home Depot Beat Q4 Forecasts

Home Depot reported a robust fourth quarter with significant revenue growth, though macroeconomic pressures remain a concern.Home improvement retail giant Home Depot (HD 2.77%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 25, that exceeded analysts' consensus expectations. Fourth-quarter revenue of $39.7 billion jumped 14.1% from the previous year's quarter, outperforming expectations of$ 39.2 billion. This increase was supported by an extra operating week in Q4, contributing approxi ...