Morgan Stanley Reiterates Overweight Rating on Home Depot (HD)

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The Home Depot Announces First Quarter Fiscal 2024 Results; Reaffirms Fiscal 2024 Guidance

May 14, 2024 6:00 AM EDT

ATLANTA, May 14, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $36.4 billion for the first quarter of fiscal 2024, a decrease of 2.3% from the first quarter of fiscal 2023. Comparable sales for the first quarter of fiscal 2024 decreased 2.8%, and comparable sales in the U.S. decreased 3.2%. 

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