Reports Q4 revenue $39.7B, consensus $39.07B. Comparable sales for Q4 increased 0.8%, and comparable sales in the U.S. increased 1.3%. “Our fourth quarter results exceeded our expectations as we saw greater engagement in home improvement spend, despite ongoing pressure on large remodeling projects,” said Ted Decker, chair, president and CEO. “Throughout the year, we remained steadfast in our investments across our strategic initiatives to position ourselves for continued success, despite uncertain macroeconomic conditions and a higher interest rate environment that impacted home improvement demand. I would like to thank our associates for all that they do to serve our customers and communities.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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:
- Notable companies reporting before tomorrow’s open
- Here’s what Wall Street is saying about Home Depot, Lowe’s ahead of earnings
- Options Volatility and Implied Earnings Moves This Week, February 24 – February 28, 2025
- No-Frills Dollar General (DG) Shines as a Bargain Bucket Dividend Star
- Home Depot (HD) Is About to Report Its Earnings Next Week. Here Is What to Expect