Home Depot exceeds Q4 earnings expectations with $39.7 billion in revenue, shows growth in sales
From Nasdaq: 2025-02-25 09:39:35
Home Depot (NYSE:HD) exceeded Q4 2024 earnings expectations with $39.7 billion in revenue, a 14.1% jump from the previous year. Adjusted EPS at $3.13 beat estimates of $3.04. Despite challenges in market pressures, U.S. comparable sales grew by 1.3% and overall by 0.8%.
Home Depot focuses on omnichannel strategies, improving supply chains, and ESG responsibilities. Q4 2024 saw net earnings rise to $3 billion, U.S. comparable sales up 1.3%, and customer transactions at 400 million. Investments in Pro customer engagement and supply chain automation are key for future success.
For fiscal 2025, Home Depot expects sales growth of 2.8% with a 1% increase in comparable sales. Diluted EPS may decline by 3%, with adjusted EPS at $15.24. Continued investments in digital presence, supply chain, and sustainability are vital for adapting to market conditions and maintaining competitiveness.
Read more at Nasdaq: Extra Week Helps Home Depot Beat Q4 Forecasts
