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United States

Home Depot Inc (HD)

HD on New York Consolidated

167.74USD
17 Nov 2017
Change (% chg)

$0.24 (+0.14%)
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$167.50
Open
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Volume
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$168.43
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Latest Key Developments (Source: Significant Developments)

Home Depot declares Q3 dividend of 89 cents
Thursday, 16 Nov 2017 04:32pm EST 

Nov 16 (Reuters) - Home Depot Inc :The Home Depot declares third quarter dividend of 89 cents.  Full Article

Home Depot CFO- Don't see housing market slowdown in 2018, 2019 and 2020
Tuesday, 14 Nov 2017 10:56am EST 

Nov 14 (Reuters) - Home Depot Inc :On conf call - online sales rose about 19 percent in q3, now representing about 6.2% of total sales.Lumber, appliances, electrical, indoor garden and tools had double digit comp sales in Q3, building materials and flooring above company's average comp.Several stores, particularly in areas like Puerto Rico, St. Thomas and St. Croix, were forced to remain closed for an extended period.Q3 big-ticket sales - transactions over $900- which represent about 22% of our U.S. Sales, were up 12.1%.Q3 increase in big-ticket sales was driven by strength in appliances, vinyl plank floorings and several pro heavy categories.Q3 sales to professional customers grew double-digits, pro-heavy categories such as lumber, wire, insulation, had double-digit growth.CFO- "macro environment remains supportive, and we believe housing is a tailwind for our business".CFO- "as we think about housing broadly and fears of slowdown, we don't see that for 2018, 2019 and 2020".  Full Article

Home Depot says Q3 earnings per share $1.84
Tuesday, 14 Nov 2017 06:00am EST 

Nov 14 (Reuters) - Home Depot Inc -:The Home Depot announces third quarter results; updates fiscal year 2017 guidance.Q3 earnings per share $1.84.Q3 sales $25 billion versus I/B/E/S view $24.55 billion.Q3 earnings per share view $1.82 -- Thomson Reuters I/B/E/S.Sees FY 2017 sales up about 6.3 percent.Home Depot Inc - ‍comparable store sales for Q3 of fiscal 2017 were positive 7.9 percent​.Home Depot Inc - ‍estimates that hurricane-related sales positively impacted comparable store sales growth by approximately $282 million in fiscal Q3​.Qtrly ‍comp sales for U.S. stores were positive 7.7 percent​.Home Depot Inc - ‍in fiscal Q3, company also incurred approximately $104 million of hurricane-related expense​.Home Depot Inc - ‍as a result of hurricanes, company's operating profit was negatively impacted by approximately $51 million in fiscal Q3​.Home Depot-‍raised EPS growth guidance for FY 2017 & now expects earnings-per-share growth of approximately 14.0 percent from fiscal 2016 to $7.36​.FY earnings per share view $7.34 -- Thomson Reuters I/B/E/S.Home Depot Inc - ‍sees FY 2017 comp sales will be up approximately 6.5 percent​.Home Depot Inc - diluted earnings-per-share growth guidance includes impact of $8 billion of share repurchases for fiscal 2017​.  Full Article

Home Depot says will join Google express this fall
Wednesday, 6 Sep 2017 06:00am EDT 

Sept 6 (Reuters) - Home Depot ::Home Depot says Home Depot will join Google express this fall; its customers will be able to shop through voice with assistant on google home.  Full Article

Home Depot files preliminary prospectus supplement with U.S. sec related to potential notes offering
Tuesday, 5 Sep 2017 08:27am EDT 

Sept 5 (Reuters) - Home Depot Inc ::Home Depot Inc files preliminary prospectus supplement with U.S. SEC related to a potential notes offering - SEC filing‍​.  Full Article

‍U.S. CPSC says Home Depot to pay $5.7 million civil penalty
Wednesday, 30 Aug 2017 12:25pm EDT 

Aug 30 (Reuters) - U.S. Consumer Product Safety Commission::Says Home Depot U.S.A. to pay $5.7 million civil penalty selling, distributing previously recalled consumer products​.Says ‍commission voted 4 to 1 to accept settlement provisionally​.Says deal settles charges that Home Depot knowingly sold, distributed about 2,816 recalled products from 33 voluntary corrective actions during 4-year period.  Full Article

Home Depot sets quarterly dividend of $0.89 per share
Thursday, 17 Aug 2017 04:30pm EDT 

Aug 17 (Reuters) - Home Depot Inc -:Sets quarterly dividend of $0.89per share.  Full Article

Home Depot Q2 earnings per share $2.25
Tuesday, 15 Aug 2017 06:00am EDT 

Aug 15 (Reuters) - Home Depot Inc :The Home Depot announces second quarter results; updates fiscal year 2017 guidance.Q2 earnings per share $2.25.Q2 sales $28.1 billion versus I/B/E/S view $27.84 billion.Q2 earnings per share view $2.22 -- Thomson Reuters I/B/E/S.Sees FY 2017 sales up about 5.3 percent.Comparable store sales for Q2 of fiscal 2017 were positive 6.3 percent, and comp sales for U.S. stores were positive 6.6 percent​.Sees FY 2017 comp sales up approximately 5.5 percent​.Company also raised its diluted earnings-per-share growth guidance for year​.Company's diluted earnings-per-share growth guidance includes impact of $7 billion of share repurchases for fiscal 2017​.Now expects FY 2017 diluted earnings-per-share growth of approximately 13.0 percent from fiscal 2016 to $7.29​.FY2018 earnings per share view $7.25, revenue view $99.36 billion -- Thomson Reuters I/B/E/S.  Full Article

Home Depot says offering of $500 mln of floating rate notes due June 5, 2020
Friday, 26 May 2017 06:41am EDT 

May 26 (Reuters) - Home Depot Inc ::Home Depot- offering of $500 million of floating rate notes due June 5, 2020, $750 million of 1.800% notes due June 5, 2020 & $750 million of 3.900% notes due June 15, 2047.  Full Article

Home Depot on conf call- Q1 drivers behind increase in big-ticket purchases were appliances, flooring and roofing
Tuesday, 16 May 2017 10:03am EDT 

May 16 (Reuters) - Home Depot Inc :On conf call- Q1 online sales grew approximately 23%.On conf call- Q1 Interline sales growth outpaced the company average.On conf call- appliances, lumber and flooring had double-digit comps in Q1.On conf call- building materials, millwork, hardware, lighting, paint and outdoor garden grew below the company average in Q1.Commodity price inflation in lumber, building materials and copper positively impacted average ticket growth by about 75 basis points.In Q1, transactions over $900, which represent approximately 20% of sales, were up 15.8%.In Q1, drivers behind increase in big-ticket purchases were appliances, flooring and roofing.For the remainder of the fiscal year, intend to repurchase approximately $3.75 billion of outstanding stock.CFO- " while U.S. GDP forecasts are mixed, housing continues to be a growing asset class, and our sales thus far in May has been very good".CEO- have invested to take share in categories that overlap with key competitors who have been having challenges.  Full Article

BRIEF-Home Depot declares Q3 dividend of 89 cents

* The Home Depot declares third quarter dividend of 89 cents Source text for Eikon: Further company coverage: