Tuesday, February 25, 2020

Home Depot Tops Q4 Earnings Forecast, Repeats 2020 Sales Guidance

The Street
Home Depot Inc. posted stronger-than-expected fourth quarter earnings Tuesday, and reiterated its full-year sales forecast, as same-store sales topped forecasts for the holiday period.

Home Depot said same-store sales rose 5.2% from last year, well ahead of the consensus estimate of 4.7, and reiterated its full-year 2020 guidance that sees comparable sales rising between 3.5% and 4.%.  . . . more