secwatch.observer — SEC 8-K summary
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Issuer:     HOME DEPOT, INC. (HD)
CIK:        0000354950
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0000354950-23-000228
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354950/000035495023000228/0000354950-23-000228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354950/000035495023000228/hd-20231114.htm
  HTML page:      https://secwatch.observer/filing/0000354950-23-000228

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