Home Depot (HD) Misses Q2 EPS by 4c, Misses on Revenue; Offers Guidance
Home Depot (NYSE: HD) reported Q2 EPS of $4.68, $0.04 worse than the analyst estimate of $4.72. Revenue for the quarter came in at $45.3 billion versus the consensus estimate of $45.44 billion.
The company reaffirms its guidance for fiscal 2025, a 52-week year compared to fiscal 2024, a 53-week year.
Total sales growth of approximately 2.8%
Comparable sales growth of approximately 1.0% for the comparable 52-week period
Approximately 13 new stores
Gross margin of approximately 33.4%
Operating margin of approximately 13.0%
Adjusted(1) operating margin of approximately 13.4%
Tax rate of approximately 24.5%
Net interest expense of approximately $2.2 billion
Diluted earnings-per-share to decline approximately 3% from $14.91 in fiscal 2024
Adjusted(1) diluted earnings-per-share to decline approximately 2% from $15.24 in fiscal 2024
Capital expenditures of approximately 2.5% of total sales
For earnings history and earnings-related data on Home Depot (HD) click here.
