Home Depot earnings slip on higher sales

The Home Depot has announced its Q2 sales came to $43.18 billion, up 0.6 percent from the comparable period of fiscal 2023 but below expectations of $43.79 billion. Adjusted earnings of $4.67 per share exceeded the estimated $4.52 per share but fell short of the previous Q2’s $4.65. Same-store sales fell by a greater than expected 3.3 percent.