Reported 12 days ago
Home Depot reported stronger-than-expected third-quarter earnings, with sales reaching $40.217 billion, a 6.6% increase compared to last year. While customer transactions saw a slight dip of 0.2% and comparable sales decreased, the company has raised its full-year 2024 revenue forecast and adjusted EPS expectations. CEO Ted Decker noted that despite macroeconomic uncertainties, the performance was boosted by improved engagement in seasonal goods and hurricane-related sales.
Source: YAHOO