Home Depot shares edge higher after better-than-expected profit, revenue

Canada News News

Home Depot shares edge higher after better-than-expected profit, revenue
Canada Latest News,Canada Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Shares of Home Depot on Tuesday traded slightly higher in premarket trade after the home-improvement retailer reporter fiscal first-quarter earnings that...

Shares of Home Depot HD, -0.85% on Tuesday traded slightly higher in premarket trade after the home-improvement retailer reporter fiscal first-quarter earnings that were better than expected in profit and revenue. Net income for the quarter were $2.5 billion, or $2.27 a share, from $2.4 billion, or $2.08 a diluted share, in the same period a year ago. The FactSet consensus for earnings per share was $2.18. Revenue rose 5.7% to $26.381 billion, slightly above FactSet consensus for revenue of $26.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TV's Sandra Lee selling home she shares with NY Gov. CuomoTV's Sandra Lee selling home she shares with NY Gov. CuomoNEW CASTLE, N.Y. (AP) — Food Network star Sandra Lee says she is selling the home in the New York city suburbs that she shares with her longtime partner, Democratic New York Gov. Andrew...
Read more »

Yemen rebels say drone hits arms depot at Saudi airportYemen rebels say drone hits arms depot at Saudi airportDUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels said Tuesday they launched a bomb-laden drone targeting an airport in Saudi Arabia that also has a military base inside of it, an attack...
Read more »

Multi-billionaire Home Depot co-founder reveals why the company stocked shelves with empty boxes in its early daysMulti-billionaire Home Depot co-founder reveals why the company stocked shelves with empty boxes in its early daysThe home improvement store with a market capitalization of $218 billion “didn’t exactly get off to a flying start,” says Ken Langone in his new book.
Read more »

Experts say these retailers could be worst hit by the trade war with ChinaExperts say these retailers could be worst hit by the trade war with ChinaThe US-China trade war has dramatically escalated over the past few days. Retailers like Ralph Lauren and Home Depot could feel the impact.
Read more »

Work From Home Or Anywhere: Top 25 Companies For Remote JobsWork From Home Or Anywhere: Top 25 Companies For Remote JobsWant to work from home and travel the world? Here are the top 25 companies with the most work-from-anywhere remote job listings.
Read more »

Blazers eye Game 3 breakthrough at home vs. WarriorsBlazers eye Game 3 breakthrough at home vs. WarriorsThe Portland Trail Blazers hope to take their improved play a step further on th...
Read more »

The Best Early Bird Memorial Day Home Sales TodayThe Best Early Bird Memorial Day Home Sales TodayThe best pre-Memorial Day sales for your home: ForbesFinds
Read more »

This Home-Design Service Is Even Better Than Hiring An IRL Interior DesignerThis Home-Design Service Is Even Better Than Hiring An IRL Interior DesignerI Tried Modsy And It Was Better (And Cheaper!) Than Hiring An Interior Designer
Read more »

Kamala Harris heads to home state to appeal to black votersKamala Harris heads to home state to appeal to black votersShe has previously been on 'The Breakfast Club,' met with Rev. Sharpton and spoken to the NAACP.
Read more »



Render Time: 2025-03-13 02:26:22