Home Depot (HD) Tops Q3 EPS by 4c; Updates FY15 Outlook
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Go back to Home Depot (HD) Tops Q3 EPS by 4c; Updates FY15 Outlook
November 18, 2015 8:58 AM EST
Home Depot (NYSE: HD) reported earnings that were better than expectations on better than expected comp store sales and much higher big ticket pricing. This led to an EPS beat and guidance at the high end of prior ranges. Key data points follow:
A combination of a strong housing backdrop and company specific initiatives,... More
November 17, 2015 6:07 AM EST
By Nandita Bose and Sruthi Ramakrishnan
(Reuters) - Home Depot Inc (NYSE: HD) on Tuesday reported a better-than-expected rise in quarterly sales at stores open at least a year and said full-year profit and same-store sales would be at the top end of its forecast.
Shares of the world's biggest home improvement retailer rose 3.4 percent to $125.07.
"Consensus U.S GDP growth projections have moderated (in 2015) but we continue to see positive signs in the housing data with home price appreciation and housing turnover being key drivers of growth for our... More
