ATLANTA — Home Depot reported its Q2 net income was $3.48 billion, or $3.17 per share, compared with $3.51 billion ($3.05 a share) for the comparable period last year. Those numbers missed analyst expectations of $3.08 a share. Sales rose by 1.2% to $30.84 billion, compared to $30.46 billion a year ago but fell short of the expected $30.99 billion. Same-store sales increased by 3% overall and by 3.1% in the U.S., missing forecasts of 3.5% growth.
Home Depot profits beat estimates as sales miss
Most Recent
Most Read
RONA ends a chapter with conversion of last Réno-Dépôt stores
Fri, October 11th, 2024
Richelieu earnings fall on higher sales
Fri, October 11th, 2024
IKEA Canada recaps fiscal 2024
Fri, October 11th, 2024
Montreal port employees halt overtime
Fri, October 11th, 2024
Castle awards scholarships
Fri, October 11th, 2024
Home Depot activates disaster response teams to prepare for Hurricane Milton
Thu, October 10th, 2024
Canadian small businesses ready to end 2024 on a high note
Thu, October 10th, 2024
Home Depot sends corporate employees into the trenches
Thu, October 10th, 2024
Throwback Thursday: Ten years ago, Lowe’s got hit by a “frivolous” lawsuit about 2x4 lumber
Thu, October 10th, 2024
Doman announces U.S. acquisition
Wed, October 09th, 2024