Home Depot (HD) Tops Q2 EPS by 19c; Reaffirms, Announces $15B Buyback

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Go back to Home Depot (HD) Tops Q2 EPS by 19c; Reaffirms, Announces $15B Buyback

Home Depot (HD) Reports Q2, Reaffirms FY Guidance, Announces $15B Share Buyback

August 15, 2023 6:01 AM EDT

The Home Depot®, the world's largest home improvement retailer, today reported sales of $42.9 billion for the second quarter of fiscal 2023, a decrease of 2.0% from the second quarter of fiscal 2022. Comparable sales for the second quarter of fiscal 2023 decreased 2.0%, and comparable sales in the U.S. decreased 2.0%.

Net earnings for the second quarter of fiscal 2023 were $4.7 billion, or $4.65 per diluted share, compared with net earnings of $5.2 billion, or $5.05 per diluted... More