Categories AlphaGraphs, Earnings, Retail

Key highlights from Home Depot’s (HD) Q3 2023 earnings results

The Home Depot (NYSE: HD) reported third quarter 2023 earnings results today.

Sales decreased 3% year-over-year to $37.7 billion. Comparable sales fell 3.1%.

Net earnings were $3.8 billion, or $3.81 per share, compared to $4.3 billion, or $4.24 per share, last year.

Revenue and earnings beat expectations.  

For fiscal year 2023, the company expects sales and comparable sales to decline 3-4% and EPS to decline 9-11% YoY.

The stock was up over 1% 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

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Add Comment
Viewing Highlight