Home Depot (HD) Tops Q4 EPS by 2c
Home Depot (NYSE: HD) reported Q4 EPS of $3.30, $0.02 better than the analyst estimate of $3.28. Revenue for the quarter came in at $35.8 billion versus the consensus estimate of $35.96 billion.
Fiscal 2023 Guidance
The Company is providing the following guidance for fiscal 2023:
- Sales growth and comparable sales growth to be approximately flat compared to fiscal 2022
- Operating margin rate of approximately 14.5 percent, which reflects approximately $1 billion in additional annual compensation for frontline, hourly associates
- Tax rate of approximately 24.5 percent
- Diluted earnings-per-share-percent-decline to be mid-single digits
For earnings history and earnings-related data on Home Depot (HD) click here.