---
schema_version: "secwatch.filing_event.v1"
accession: "0000354950-23-000228"
form_type: "8-K"
ticker: "HD"
cik: "0000354950"
company_name: "HOME DEPOT, INC."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:16:48.786068+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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%.

## SEC filing metadata
- accession: 0000354950-23-000228
- form_type: 8-K
- ticker: HD
- cik: 0000354950
- company_name: HOME DEPOT, INC.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354950/000035495023000228/0000354950-23-000228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354950/000035495023000228/hd-20231114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000354950-23-000228
- JSON: https://secwatch.observer/filing/0000354950-23-000228.json
- Plain text: https://secwatch.observer/filing/0000354950-23-000228.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/354950/000035495023000228/0000354950-23-000228-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.