The Home Depot Announces Third Quarter Fiscal 2024 Results; …

ATLANTA, Nov. 12, 2024 /PRNewswire/ -- The Home Depot ®, the world's largest home improvement retailer, today reported sales of $40.2 billion for the third quarter of fiscal 2024, …

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The Home Depot Announces Third Quarter Fiscal 2024 Results; …

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ATLANTA, Nov. 12, 2024 /PRNewswire/ -- The Home Depot ®, the world's largest home improvement retailer, today reported sales of $40.2 billion for the third quarter of fiscal 2024, …

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Home Depot Lifts Full-Year Outlook After Third-Quarter Sales Rise

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For fiscal 2024, Home Depot is now projecting sales to rise 4%, up from a prior forecast for a 2.5% to 3.5% gain. Comparable sales are now expected to fall about 2.5% for the full year, …

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Home Depot Lifts Full-Year Outlook After Third-Quarter Sales Rise

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Nov 12, 2024 · Home Depot Lifts Full-Year Outlook After Third-Quarter Sales Rise Adjusted earnings came in at $3.78 a share, compared with analysts’ expectations of $3.65 a share. By

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Home Depot Lifts FY24 Outlook After 3Q Sales Climb - MSN

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For fiscal 2024, Home Depot is now projecting sales to rise 4%, up from a prior forecast for a 2.5% to 3.5% gain. Comparable sales are now expected to fall about 2.5% for the full year, …

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Home Depot’s Q3 Earnings Suggest Sales Slump May Be Ending

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Nov 12, 2024 · Home Depot now anticipates full-year revenue to rise about 4%. Its prior outlook was for revenue to be up 2.5% to 3.5%. The chain now foresees sales at stores open at least …

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Home Depot Beats Q3 Expectations, Raises Full-year Sales Outlook

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Nov 12, 2024 · Home Depot raised its full-year outlook, now expecting total sales to increase approximately 4%, up from its previous guidance of 2.5% to 3.5%. The company projects …

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The Home Depot Announces Third Quarter Fiscal 2024 Results; …

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ATLANTA, November 12, 2024 -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $40.2 billion for the third quarter of fiscal 2024, an increase of …

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What Home Depot's Earnings Mean For The Housing Market Outlook

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Nov 12, 2024 · Home Depot raised its fiscal outlook after strong third-quarter 2024 sales, ... Adjusted earnings per share fell from $3.85 to $3.78 during the year. For fiscal year 2024, …

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The Home Depot Announces Third Quarter Fiscal 2024 Results; …

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ATLANTA, Nov. 12, 2024 /PRNewswire/ -- The Home Depot ®, the world's largest home improvement retailer, today reported sales of $40.2 billion for the third quarter of fiscal 2024, …

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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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Home Depot’s Sales Are Improving, But It Says Consumers Are Still ...

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Nov 12, 2024 · Home Depot's net income for the fiscal third quarter dropped to $3.65 billion, or $3.67 per share, from $3.81 billion, or $3.81 per share, in the year-ago period. Revenue …

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Home Depot Shows Signs Of Turning The Corner. Is Now A Good …

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6 days ago · It forecast full-year sales would rise by 4%, up from previous guidance of between 2.5% and 3.5%. This takes into account its acquisition of SRS Distribution and an extra week …

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FAQs about The Home Depot Announces Third Quarter Fiscal 2024 Results; … Coupon?

Will Home Depot's Sales rise 4% in fiscal 2024?

For fiscal 2024, Home Depot is now projecting sales to rise 4%, up from a prior forecast for a 2.5% to 3.5% gain. Comparable sales are now expected to fall about 2.5% for the full year, rather than 3% to 4% as previously anticipated. The Atlanta-based company is also guiding for a smaller year-over-year drop in annual earnings. ...

Why did Home Depot raise its full-year outlook?

Total operating expenses widened to $8.01 billion from $7.33 billion in the prior-year period, according to the company. Home Depot (HD) raised it full-year outlook on Tuesday as weather and demand for seasonal goods and outdoor projects helped the company log third-quarter results above market expectations. ...

Did Home Depot's third quarter performance exceed expectations?

"While macroeconomic uncertainty remains, our third quarter performance exceeded our expectations," said Ted Decker, chair, president and CEO of Home Depot (NYSE:HD). Home Depot raised its full-year outlook, now expecting total sales to increase approximately 4%, up from its previous guidance of 2.5% to 3.5%. ...

Will Home Depot's revenue rise 4%?

The DIY retailer's CFO Richard McPhail adding that while demand from contractors was higher in the quarter, homeowners are still waiting for lower interest rates to pursue larger remodeling projects. Looking ahead to the rest of the year, Home Depot is expecting total revenue to rise 4%, up from a previous estimate between 2.5% and 3.5%. ...

How much will Home Depot's sales decline in the 52-week period?

The retailer expects comparable sales to decline about 2.5% for the 52-week period. Home Depot previously projected that industry metric, which includes the company's website and stores open for more than a year, would drop by 3% to 4% compared with the prior fiscal year. ...

Why did Home Depot raise its guidance?

Home Depot HD -1.28% raised its guidance following strong third-quarter sales as customers snapped up grills and other outdoor products, and prepared for hurricanes in the Southeast. Revenue climbed 6.6% to $40.22 billion for the quarter ended Oct. 27, topping analyst forecasts for $39.31 billion, according to FactSet. ...