Categories AlphaGraphs, Earnings, Retail

Home Depot (HD) Q1 2024 Earnings: Key financials and quarterly highlights

The Home Depot (NYSE: HD) reported first quarter 2024 earnings results today.

Sales decreased 2.3% year-over-year to $36.4 billion. Comparable sales decreased 2.8%.

Net earnings were $3.6 billion, or $3.63 per share, compared to $3.9 billion, or $3.82 per share, last year.

Earnings beat estimates while revenue fell short.

For fiscal year 2024, the company expects total sales and EPS growth of approx. 1%, including the 53rd week. Comparable sales are expected to decline approx. 1% for the 52-week period.

The stock stayed green during premarket hours on Tuesday.

Prior performance

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