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0 0.0015108101067986 0.0043761396196925 0.0043761396196925 0.00169314925761911 0.00286532951289389 0.00156290700703299 0.00286532951289389
Stock impact report

Investor Outlook: Home Depot earnings beat lifts stock despite sales drop [BNN Bloomberg (Canada)]

Home Depot, Inc. (The) (HD) 
Last home depot, inc. (the) earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
Company Research Source: BNN Bloomberg
BNN Bloomberg spoke with David Bellinger, director and senior equity analyst at Mizuho, who said improving sales trends, steady maintenance demand and better cost visibility helped offset macro pressures, including tariffs and elevated mortgage rates. Key Takeaways U.S. same-store sales rose 0.3 per cent in the fourth quarter, exceeding subdued expectations and signalling stabilization in home improvement demand. Earnings per share came in roughly 8 per cent above Street estimates, despite a year-over-year revenue decline of about 4 per cent. Management reaffirmed fiscal guidance, projecting total sales growth of 2.5 per cent to 4.5 per cent and comparable sales from flat to up 2 per cent. A slow housing turnover environment and mortgage rates near six per cent continue to weigh on large renovation projects, though maintenance spending remains steady. Tariff-related cost pressures are being managed, with like-for-like item inflation running at roughly three per cent and s Show less Read more
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