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HD / Home Depot backs guidance as sales and earnings top forecast

Home Depot Inc (NYSE:HD) backed guidance as it reported better-than-expected second quarter results although it cautioned customers remain wary of big-ticket purchases. Sales in the three months to June 30 at the Atlanta-based retailer fell 2% to $42.9 billion, ahead of expectations for $42.21 billion, while EPS of $4.65 per diluted share, was down from $5.05 last year but above forecasts of $4.44. Read More

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Posted: Aug 15 2023, 06:37

Author Name: Proactive Investors

HD News

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ETF & Stock Treats for This Halloween

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