Home Depot beats forecasts and maintains guidance
US home improvement retailer Home Depot (HD) posted forecast-beating Q4 results and confirmed its current-year earnings guidance. Analysts had expressed concern the company might struggle due to consumer uncertainty and a weak housing market. Share price: $389 (+3.2%) PE: 25x Market cap: $390bn Yield: 2.4% ‘Steady demand’ For the three months to 1 February, the … Continue reading Home Depot beats forecasts and maintains guidance
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