What You Need To Know Ahead of Home Depot's Earnings Report Tuesday
HDHome Depot(HD) Investopedia·2024-05-10 00:15

Analyst Estimates for Q1 2024 Q4 2023 Q1 2023 Revenue 36.65billion36.65 billion 34.79 billion 37.26billionDilutedEPS37.26 billion Diluted EPS 3.58 2.822.82 3.82 Net Income 3.54billion3.54 billion 2.8 billion 3.87billionKeyMetric:BigTicketSalesHomeDepothassaidmultipletimesoverthelastyearthatinflationnegativelyimpactedsalesofbigticketitems,whichHomeDepotclassifiesastransactionsgreaterthan3.87 billion Key Metric: Big-Ticket Sales Home Depot has said multiple times over the last year that inflation negatively impacted sales of big-ticket items, which Home Depot classifies as transactions greater than 1,000, as consumers became less likely to take on significant home improvement projects, weighing on Home Depot's sales. The ret ...