Reports Q2 revenue $45.28B, consensus $45.31B. Comparable sales for Q2 increased 1%, and comparable sales in the U.S. increased 1.4%. “Our second quarter results were in line with our expectations. The momentum that began in the back half of last year continued throughout the first half as customers engaged more broadly in smaller home improvement projects,” said Ted Decker, chair, president and CEO. “Our teams are executing at a high level and we continue to grow market share. I would like to thank our associates for their continued hard work and dedication.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HD:
- “Deport Depot” Merch from Florida Falls Flat as Home Depot (NYSE:HD) Fights Back
- Closing Bell Movers: Palo Alto Networks jumps 5% on Q4 earnings beat
- Home Depot (HD) Is About to Report Q2 Earnings. Here’s What to Expect
- Here’s what Wall Street is saying about Home Depot, Lowe’s ahead of earnings
- Home Depot price target raised to $432 from $425 at Stifel