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Home Depot stock jumps after big earnings beat, surprise same-store sales growth

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Shares of Home Depot Inc. undefined shot up 4.6% in premarket trading Tuesday, after the home improvement retailer reported fiscal first-quarter earnings...

Shares of Home Depot Inc. HD, -0.01% shot up 4.6% in premarket trading Tuesday, after the home improvement retailer reported fiscal first-quarter earnings that rose above expectations, surprise growth in same-store sales and raised its full-year outlook. Net income for the quarter to May 1 rose to $4.23 billion, or $4.09 a share, from $4.15 billion, or $3.86 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share the FactSet consensus of $3.69. Sales grew 3.

71 billion, while same-store sales increased 2.2% compared with expectations of a 2.9% decline."Fiscal 2022 is off to a strong start as we delivered the highest first quarter sales in company history," said Chief Executive Ted Decker.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Yeah, um.... it's down today. WTF are you talking about

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 3. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Home Depot is about to report earnings. Here's what to expectShares of the company have fallen 7% over the last year, dragging its market value down to $306 billion. Easy to tell the future when your a part of the big scam.
स्रोत: CNBC - 🏆 12. / 72 और पढो »