secwatch.observer — SEC 8-K summary
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Issuer:     HOME DEPOT, INC. (HD)
CIK:        0000354950
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0000354950-24-000189
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home Depot Q2 FY2024 revenue up 0.6% to $43.2B, comp sales down 3.3%; EPS $4.60 vs $4.65 YoY
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- Total sales $43.2B (+0.6% YoY), including $1.3B from SRS acquisition (~6 weeks).
- Comparable sales down 3.3% overall, U.S. down 3.6% as higher rates pressured demand.
- Diluted EPS $4.60 GAAP, $4.67 adjusted; prior year $4.65 GAAP, $4.68 adjusted.
- Operating margin 15.1% GAAP (15.3% adjusted) vs 15.4% (15.5% adjusted) last year.
- CEO cited higher interest rates and macro uncertainty pressuring consumer demand for projects.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354950/000035495024000189/0000354950-24-000189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354950/000035495024000189/hd-20240813.htm
  HTML page:      https://secwatch.observer/filing/0000354950-24-000189

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer