Jefferies Cuts Price Target on Home Depot (HD) to $149 Following 3Q
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The Home Depot Announces Third Quarter Results
November 15, 2016 6:00 AM ESTATLANTA, Nov. 15, 2016 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $23.2 billion for the third quarter of fiscal 2016, a 6.1 percent increase from the third quarter of fiscal 2015. Comparable store sales for the third quarter of fiscal 2016 were positive 5.5 percent, and comp sales for U.S. stores were positive 5.9 percent.
Net earnings for the third quarter of fiscal 2016 were $2.0 billion, or $1.60 per diluted share, compared with net earnings of $1.7 billion, or $1.35 per diluted share, in the same period of fiscal... More
