Home Depot Q1 sales $38.9B (+3.8%), EPS $4.09 (+6.0%); raises FY2022 guidance

HOME DEPOT, INC.

2022-Q1 EPS reported $4.09 revenue$38,908,000,000

Q1 sales $38.9B, up 3.8% YoY; comp sales +2.2% (U.S. +1.7%).
Diluted EPS $4.09 vs $3.86 YoY (+6.0%).
Raises FY2022 guidance: sales ~3%, op margin ~15.4%, EPS growth mid-single digits.
CEO Ted Decker: highest first-quarter sales in company history despite slower spring start.
Operates 2,316 stores; ~500,000 associates.

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