Did Warren Buffett Just Validate Home Depot's Strategy?

1 day ago · On the third-quarter earnings call, Home Depot said the acquisition was expected to contribute $6.4 billion just in the seven months or so that the business is part of the retailer in fiscal 2024.

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Did Warren Buffett Just Validate Home Depot's Strategy?

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Did Home Depot Just Nail Its Last Good Quarter? | The Motley Fool

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The home center reported record sales of $38.9 billion for the period, up 3.8% over last year and ahead of Wall Street's forecast of $36.6 billion, as comparable-store sales rose 2.2%. Analysts had been looking for a 2.7% decline in comps as the macroeconomic factors were expected to take a toll on performance. Home Depot's bottom-line result of $4...

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Is Home Depot Stock Still A Buy After Earnings? | Kiplinger

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Nov 12, 2024 · In the three months ended October 27, Home Depot's revenue increased 6.6% year over year to $40.2 billion even as its comparable-store sales dipped 1.3% – including a …

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Here's Why Home Depot Is A Top Retail Stock To Buy Right Now

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Feb 23, 2024 · Home Depot (NYSE: HD) just reported its fiscal 2023's fourth-quarter results, and they were a mixed bag. For the period ended Jan. 28, revenue totaled $34.8 billion, down …

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Home Depot Q3 Sales Rise, Earnings Dip | The Motley Fool

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Nov 12, 2024 · Net sales increased by 6.6% year over year, reaching $40.2 billion and topping estimates. Net earnings fell 4.3% to $3.6 billion, with adjusted EPS dropping 1.8% to $3.78. …

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Did Warren Buffett Just Validate Home Depot's Strategy? - MSN

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On the third-quarter earnings call, Home Depot said the acquisition was expected to contribute $6.4 billion just in the seven months or so that the business is part of the retailer in fiscal 2024.

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

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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 …

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Home Depot (HD) Q3 2024 Earnings Call Transcript | The Motley …

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Nov 12, 2024 · Home Depot (HD 1.76%) Q3 2024 Earnings Call Nov 12, 2024, 9:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: …

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Did Warren Buffett Just Validate Home Depot's Strategy?

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1 day ago · Warren Buffett’s Berkshire Hathaway (BRK.A-0.09%) (BRK.B-0.01%) just released its stock purchases and sales for the third quarter, and Buffett’s conglomerate did little buying in …

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This Stock Could Be The Next Home Depot. Should You Buy It?

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Home Depot is feeling this as well, with decreasing total sales and comparable sales. Floor & Decor sales inched up 4% over last year in the second quarter, but that was all from new …

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

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Nov 23, 2022 · While Home Depot's comparable-store sales (comps) in the third quarter rose 5.8% over last year, which itself had been up from an exceptionally strong 2020, all of those …

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Why Is Home Depot Stock Down? - Nasdaq

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Aug 19, 2020 · The Motley Fool recommends Costco Wholesale and recommends the following options: long January 2021 $60 calls on Walt Disney, long January 2021 $120 calls on Home …

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Home Depot: The Low-Key Move That Could Supercharge Its Stock

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3 days ago · In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down how a relatively small recent acquisition shows how Home Depot (HD 0.55%) could grow its share of …

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Home Depot Earnings: What To Watch | The Motley Fool

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Aug 11, 2021 · We'll learn just how well Home Depot managed to protect its market share against rivals like Lowe's (LOW 0.12%). But there are also big questions around profitability and the …

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FAQs about Did Warren Buffett Just Validate Home Depot's Strategy? Coupon?

Will Home Depot's same-store sales rebound next year?

Home Depot's same-store sales slid again in its fiscal third quarter. However, same-store sales came in better than expected, and remodeling activity is expected to return to growth next year. The company looks well positioned to rebound next year. ...

Will Home Depot's Sales rise 1% in 2024?

But as the macro picture changed, so did Home Depot's prospects. Sales declined 3% last fiscal year. And management expects revenue to rise 1% in fiscal 2024, although executives believe same-store sales will fall 1%. "After three years of exceptional growth for our business, 2023 was a year of moderation," said CEO Ted Decker. ...

Will Home Depot's same-store sales streak break soon?

Home Depot's same-store sales just fell for the eighth straight quarter. That's a streak it will look to break soon. Data source: Home Depot earnings reports. Home Depot's fiscal quarters end approximately one month after standard calendar quarters. ...

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's third quarter performance compare to last year?

While Home Depot's comparable-store sales (comps) in the third quarter rose 5.8% over last year, which itself had been up from an exceptionally strong 2020, all of those gains came from a 9% increase in pricing. Comparable customer transactions actually fell by 3.1%, so customers are simply paying a lot more while buying less. ...

Should investors worry about Home Depot?

That being said, investors shouldn't worry about this company from a financial perspective. Home Depot has manageable debt levels, and it's consistently profitable to the point that it's able to return billions in cash each year to its shareholders in the form of dividends and buybacks. ...