Home Depot (HD) Declares $1.65 Quarterly Dividend; 2% Yield

Home Depot (HD) Falls as DIY Trends Fade, Q2 Earnings Seen as "Solid" Analyst Expects Sideways Price Action in NT

August 18, 2021 6:43 AM EDT

Shares of Home Depot (NYSE: HD) fell 4.27% yesterday after the company reported second-quarter results.

The company reported EPS of $4.53 to top the $4.44 expected while revenue soared 8.1% to $41.12 billion, again higher than the $40.79 billion expected.

We achieved a milestone of over $40 billion in quarterly sales for the first time in Company history. I would like to extend my sincere appreciation to our team, as well as our supplier and supply chain partners, as they continue to operate in this dynamic and challenging environment, said Craig Menear, chairman and CEO of... More

Pre-Open Stock Movers 08/17: (BON) (SRAX) (PBTS) Higher, (RBLX) (HD) Lower (More...)

August 17, 2021 9:10 AM EDT

Bon Natural Life (NASDAQ: BON) +40%; reported Q2 EPS of $0.40. Revenue for the quarter came in at $11.7 million.

SRAX, Inc (NASDAQ: SRAX) +20%; announced today a $10M stock buy-back program, and a one-time special dividend of approximately $0.23 per share.

Forte Biosciences... More

Home Depot's U.S. sales slow as DIY frenzy tapers off

August 17, 2021 6:05 AM EDT

By Uday Sampath Kumar

(Reuters) -Home Depot Inc on Tuesday fell short of U.S. same-store sales estimates for the first time in nearly two years as pandemic-fueled do-it-yourself projects tapered off, sending shares of the retailer down as much as 5.5%

Home-improvement chains had a blockbuster 2020 as revenue and profit surged from stuck-at-home Americans splurging on paint, tools, and gardening equipment to upgrade their living spaces through DIY projects. A strong housing market and fresh... More

Home Depot (HD) Beats Q2 EPS by 14c

August 17, 2021 6:04 AM EDT

(Updated - August 17, 2021 6:05 AM EDT)

Home Depot (NYSE: HD) reported Q2 EPS of $4.53, $0.14 better than the analyst estimate of $4.39. Revenue for the quarter came in at $41.1B versus the consensus estimate of $40.4 billion.

Comparable sales for the second quarter of fiscal... More