Home Depot on Tuesday beat Wall Street’s earnings expectations for the fourth quarter, and CEO Craig Menear said the results show that its significant investments are paying off.
Here’s what the company reported compared with what analysts expected for Home Depot’s fiscal fourth quarter, based on Refinitiv data:
- Earnings per share: $2.28 vs. $2.10, expected
- Revenue: $25.78 billion vs. $25.76 billion, expected
- Same-store sales: 5.2% vs. up 4.8%, expected
