Categories AlphaGraphs, Earnings, Retail
HD Earnings: Key quarterly highlights from Home Depot’s Q3 2024 financial results
The Home Depot (NYSE: HD) reported its third quarter 2024 earnings results today.
Sales were $40.2 billion, up 6.6% from the same period last year. Comparable sales decreased 1.3%.
Net earnings were $3.6 billion, or $3.67 per share, compared to $3.8 billion, or $3.81 per share, last year. Adjusted EPS was $3.78.
Sales and earnings beat estimates.
HD updated its full-year guidance. For fiscal year 2024, total sales are expected to increase approx. 4% including SRS and the 53rd week. Comparable sales are projected to decline approx. 2.5% for the 52-week period compared to fiscal year 2023.
EPS for the 53-week period is expected to decline around 2% from last year. Adjusted EPS for the same period is expected to decline around 1% from last year.
The results beat and guidance hike allowed the stock to gain over 2% in premarket hours on Tuesday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Omnichannel push, margin dynamics in focus as Walmart gears up for Q3 earnings
Walmart Inc. (NYSE: WMT) entered the second half of FY26 navigating a challenging retail landscape marked by tariff-related cost pressure and cautious consumer behavior. At the same time, the company
AMAT Earnings: Applied Materials Q4 adjusted profit drops on lower revenues
Semiconductor equipment maker Applied Materials, Inc. (NASDAQ: AMAT) on Thursday reported a decrease in adjusted earnings for the fourth quarter of fiscal 2025. Adjusted earnings declined to $2.17 per share
Disney’s (DIS) streaming business continues its momentum in Q4 2025
Shares of The Walt Disney Company (NYSE: DIS) fell 9% on Thursday after the company delivered mixed results for the fourth quarter of 2025. While earnings beat expectations, revenues fell
