Home Depot Q3 FY2023 sales $37.7B (-3% YoY), EPS $3.81 vs $4.24, narrows FY guidance

HOME DEPOT, INC.

2023-Q3 EPS reported $12.28 revenue$117,883,000,000

Sales $37.7B, down 3.0% YoY; comparable sales down 3.1% globally, 3.5% in U.S.
Net earnings $3.8B ($3.81 diluted EPS) vs $4.3B ($4.24) a year ago.
Narrows FY2023 guidance: sales/comp sales decline 3%-4%, diluted EPS decline 9%-11%.
Continued pressure in big-ticket discretionary categories; customers focused on smaller projects.
Operating margin rate guided to 14.2%-14.1%; interest expense ~$1.8B, tax rate ~24.5%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

HOME DEPOT, INC. reported the fiscal quarter ended October 29, 2023 results: revenue $37.7 billion, net income $3.8 billion, or $3.81 per diluted share, EPS $3.81 per diluted share.

Period: the fiscal quarter ended October 29, 2023
Revenue: $37.7 billion
Net income: $3.8 billion, or $3.81 per diluted share
EPS: $3.81 per diluted share
Result: reported results

Exact text from the filing

Quarter Fiscal 2023 Results; Narrows Fiscal 2023 Guidance ATLANTA, November 14, 2023 -- The Home Depot ® , the world's largest home improvement retailer, today reported sales of $37.7 billion for the third quarter of fiscal 2023, a decrease of 3.0% from the third quarter of fiscal 2022. Comparable sales for the third quarter of fiscal 2023 decreased 3.1%, and

View on SEC.gov

Browse all earnings releases →

HOME DEPOT, INC. filing history →

Source: SEC EDGAR

accession 0000354950-23-000228

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.