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Analysts expect Home Depot's revenue and earnings to grow 4% and 8%, respectively, in fiscal 2027. If it's still trading at about 20 times earnings, its stock would only rise 6% to about $350.
For 2024, Home Depot is expected to forecast roughly flat comparable sales, improving from an estimated 3.2% decline in 2023, according to LSEG data. Lowe's is likely to forecast a 1.1% drop ...
May 14, 2024 at 10:24 AM. Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher ...
Home Depot's traffic declines slowed for a second straight quarter, landing at 1% in Q1 compared to 2% in Q4 and 3% for the full 2023 fiscal year. It's a bit early to call an end to the pandemic ...
On Tuesday morning, the home improvement retailer posted revenue of $36.42 billion, compared to the $36.66 billion expected by Wall Street. That's about a 2.3% drop year over year; the company ...
Given its revenue of $153 billion last fiscal year, the business has a relatively small 15% share of the industry. And that's a figure for the largest player in the space. This indicates Home ...
Home Depot announced Thursday that it is spending $18.3 billion to buy SRS Distribution, a huge building-projects supplier that counts professional roofers, landscapers and pool contractors as its ...
Home Depot earned $3.81 billion, or $3.81 per share, topping the $3.76 per share that industry analysts had expected, but it's down from last year when the Atlanta company earned $4.34 billion, or ...
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