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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Home Depot Inc | NYSE:HD | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.06 | 0.02% | 332.89 | 336.95 | 331.325 | 336.49 | 3,717,528 | 01:00:00 |
From Apr 2021 to Apr 2024
By Matt Grossman
Home Depot Inc. Tuesday logged faster-than-expected sales growth in the three months through January, contributing to a greater profit over last year.
The Atlanta-based home-improvement retailer logged fourth-quarter earnings of $3.21 a share, a rise from $2.65 a share 12 months earlier. Analysts polled by FactSet were expecting earnings of $3.20 a share.
Net earnings rose to $3.35 billion, from $2.86 billion a year ago.
Sales rose 10.7% to $35.72 billion. Analysts had expected sales of $34.88 billion. Comparable sales rose 8.1%, with a 7.6% comparable-sales increase in the U.S.
The fiscal year that ended in January marked Home Depot's first such period with more than $150 billion in sales. Strong demand for home-improvement supplies during the pandemic has boosted the company's performance.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
February 22, 2022 06:27 ET (11:27 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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