Did Home Depot Just Hint That It's Reached Its Peak?

Both Home Depot and rival Lowe's had quarters that surprised Wall Street with their strength. As Home Depot CFO Richard McPhail told analysts, "We're seeing another just interesting dynamic where with mortgage rates increasing, our customer is becoming more and more likely to stay in place and begin a … See more

CouponFollow Extension

$3.81
OFF

Home Depot Sales Continue To Slide But The Biggest Home …

1 week from now

Nov 14, 2023 · Home Depot earned $3.81 billion, or $3.81 per share, topping the $3.76 per share that industry analysts had expected, but it’s down from last year when the Atlanta company …

apnews.com

$153
OFF

Home Depot's Sales Normalize After Pandemic, But Profits …

1 week from now

Aug 15, 2023 · Home Depot is the world's largest home improvement retailer, set to deliver $153 billion in revenue in 2023. The firm earns a wide economic moat rating due to its economies of …

morningstar.com

$3.81
OFF

Home Depot Sales Continue To Slide But The Biggest Home ... - Yahoo

1 week from now

Nov 14, 2023 · Home Depot earned $3.81 billion, or $3.81 per share, topping the $3.76 per share that industry analysts had expected, but it's down from last year when the Atlanta company …

yahoo.com

6%
OFF

Will Home Depot Reach A Trillion-Dollar Market Cap By 2030?

1 week from now

Aug 21, 2024 · Home Depot just reported financial results for its fiscal 2024 second quarter (ended July 28). The business reported a 0.6% revenue increase, but same-stores sales …

yahoo.com

9%
OFF

Home Depot Sales Reach Record $150 Billion But Shares Tumble As …

1 week from now

Feb 23, 2022 · Home Depot stock slumped 9% in Tuesday trading, with other home stocks falling as well Last Updated: Feb. 23, 2022 at 12:16 p.m. ET First Published: Feb. 22, 2022 at 2:57 …

marketwatch.com

56%
OFF

Did Home Depot Just Hint That It’s Reached Its Peak?

1 week from now

Nov 23, 2022 · This is providing a surprisingly strong lift to Home Depot ( HD 2.56%). Its recent earnings report showed higher revenue, rising profits, and a brighter outlook than many …

finostock.com

3%
OFF

Home Depot Sales Lifted By Higher Prices, Demand From Builders

1 week from now

Aug 16, 2022 · Home Depot recorded a 3% drop in customer transactions in the reported quarter and maintained its fiscal 2022 forecasts, but still reported record quarterly results on demand …

reuters.com

$18.25
OFF

Home Depot’s Largest Acquisition Ever Is An $18.25 Billion

1 week from now

Mar 28, 2024 · Home Depot is making a big bet on a housing market that is suffering a severe lack of new homes, which has driven prices sky high. The median sales price for new homes …

fortune.com

$3.87
OFF

Home Depot Sees First Annual Sales Decline In More Than A Decade …

1 week from now

May 16, 2023 · Home Depot earned $3.87 billion, or $3.82 per share, in the quarter. A year earlier it earned $4.23 billion, or $4.09 per share. That was better than the per-share earnings of …

seattletimes.com

6%
OFF

Why Home Depot Stock Hit A New High Today | The Motley Fool

1 week from now

Nov 16, 2021 · As of 11:45 a.m. EST, Home Depot shares were up 6%. So what The stock's move pushed its market cap to about $413 billion, passing that of Walmart and making it the …

fool.com

5%
OFF

Home Depot Hits The Brakes: Three-year Robust Sales Run Ends …

1 week from now

May 16, 2023 · Home Depot said sales fell 4.5% at stores open at least a year during its latest quarter, and its income decreased 6.4% from the same stretch a year ago. Total revenue for …

cnn.com

FAQs about Did Home Depot Just Hint That It's Reached Its Peak? Coupon?

How much did Home Depot earn a year ago?

A year earlier it earned $4.23 billion, or $4.09 per share. That was better than the per-share earnings of $3.80 that industry analysts were expecting. Home Depot Inc. now expects sales and same-store sales to decline between 2% and 5% this year. Several months ago, the company said it expected sales to be flat compared with 2022. ...

Why did Home Depot's stock drop at the opening bell?

After years of explosive growth during the pandemic, Home Depot’s revenue during the first quarter fell short of expectations and the company cut its profit and sales outlook for the year, sending shares lower at the opening bell. ...

Will Home Depot sell weaker in the back half of the year?

Home Depot on Tuesday topped quarterly expectations, but cautioned that sales will be weaker than expected in the back half of the year as high interest rates and consumer uncertainty dampen demand. The home improvement retailer said it now expects full-year comparable sales to decline by 3% to 4% compared with the prior fiscal year. ...

Why did Home Depot cut its profit & sales outlook?

Will Home Depot reach $1 trillion in 6 years?

Shareholders would want nothing more. For Home Depot to reach $1 trillion in six years, its market cap needs to expand by 183%, which would translate to a yearly gain of 19% (not including the potential impact of share buybacks). In the past six years, the market cap increased by 62%. ...

How did Home Depot perform in the second quarter?

Home Depot’s net income for the fiscal second quarter decreased to $4.56 billion, or $4.60 per share, from $4.66 billion, or $4.65 per share, in the year-ago period. Revenue rose slightly from $42.92 billion in the year-ago period. Comparable sales dropped 3.3% in the quarter across the business and declined 3.6% in the U.S. ...