Home improvement retailer The Home Depot, Inc. (NYSE: HD) has reported better-than-expected results for the fiscal first quarter ended May 1, 2022. Following the upbeat earnings, shares of the company rose almost 1.7% to close at $301.25 in Tuesday’s extended trading session. Revenue & Earnings Home Depot reported net sales of $38.91 billion for the quarter, up 3.8% from the previous year. Further, the figure topped the consensus estimate of $36.72 billion. The rise in net sales can be attributed to the 2.2% and 1.7% year-over-year growth witnessed in overall comparable sales and U.S. comparable sales, respectively. Earnings per share (EPS) for the quarter came in at $4.
https://www.tipranks.com/news/home-depot-hits-home-run-with-solid-q1-results?utm_source=advfn.com&utm_medium=referral
Home Depot (NYSE:HD)
Historical Stock Chart
From Jun 2022 to Jul 2022 Click Here for more Home Depot Charts.
Home Depot (NYSE:HD)
Historical Stock Chart
From Jul 2021 to Jul 2022 Click Here for more Home Depot Charts.