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The House Depot (NYSE: HD) reported its third quarter 2024 earnings outcomes at present.
Gross sales have been $40.2 billion, up 6.6% from the identical interval final 12 months. Comparable gross sales decreased 1.3%.
Internet earnings have been $3.6 billion, or $3.67 per share, in comparison with $3.8 billion, or $3.81 per share, final 12 months. Adjusted EPS was $3.78.
Gross sales and earnings beat estimates.
HD up to date its full-year steerage. For fiscal 12 months 2024, complete gross sales are anticipated to extend approx. 4% together with SRS and the 53rd week. Comparable gross sales are projected to say no approx. 2.5% for the 52-week interval in comparison with fiscal 12 months 2023.
EPS for the 53-week interval is predicted to say no round 2% from final 12 months. Adjusted EPS for a similar interval is predicted to say no round 1% from final 12 months.
The outcomes beat and steerage hike allowed the inventory to realize over 2% in premarket hours on Tuesday.
Prior efficiency
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