What You Need To Know Ahead of Home Depot's Earnings Report Tuesday

Analyst Estimates for Q1 2024Q4 2023Q1 2023Revenue$36.65 billion$34.79 billion$37.26 billionDiluted EPS$3.58$2.82$3.82Net Income$3.54 billion$2.8 billion$3.87 billion Key Metric: Big-Ticket Sales Home Depot has said multiple times over the last year that inflation negatively impacted sales of big-ticket items, which Home Depot classifies as transactions greater than $1,000, as consumers became less likely to take on significant home improvement projects, weighing on Home Depot's sales. The retailer has a ...