Home Depot (HD) Tops Q3 Views; Comps Up 4.2%; Boosts FY11 EPS Outlook
Comparable store sales for the third quarter of fiscal 2011 were positive 4.2 percent.
Declared a quarterly dividend of $0.29 per share, or $1.16 annualized. This is a 16% increase from the prior dividend of $0.25. The annual yield on the dividend is 3 percent.
Sees FY2011 EPS of $2.38, versus prior guidance of $2.34 and the consensus of $2.35.