Daily Stocks News » HD

Home Depot Beats Q1 Estimates, Boosts FY Guidance (HD)

Warren Paige — Tue, 21 May 2013 17:00:15 +0000

The Home Depot Inc. (NYSE: HD) reported on Tuesday that its fiscal first-quarter profit rose 18% thanks to strong growth both in the revenue and comparable-store-sales.

Both earnings and revenue topped analysts’ expectation.

Home Depot’s Chief Executive Frank Blake attributed this to ongoing recovery in the U.S. housing market.

The Company also upwardly revised [...]

Home Depot Q4 Results Edge Past Street’s Estimate (HD)

Warren Paige — Tue, 26 Feb 2013 14:43:34 +0000

Home Depot Inc. (NYSE: HD) reported on Tuesday that its fiscal fourth-quarter earnings climbed 32% thanks to favorable comparables, improving demand for home improvement products in the backdrop of resurging housing sector and refurbishments that ensued after the devastating super storm Sandy.

The Atlanta, Georgia-based Company also increased its quarterly dividend 34% to 39 [...]

Lowe’s Posts Strong Quarterly Earnings (LOW, HD)

Warren Paige — Mon, 19 Nov 2012 15:24:28 +0000

Shares of Lowe’s Companies Inc, (NYSE: LOW) rallied on Monday following the announcement of fiscal third-quarter results which saw profits climbing 76% thanks to better-than-expected revenue growth and cost cutting measures while fewer onetime charges also boosted the bottom line.

For the current quarter, world’s second largest home improvement chain in terms revenue is now [...]

Home Depot Tops Street’s Estimates, Raises Full-Year Guidance (HD)

Warren Paige — Tue, 13 Nov 2012 16:13:50 +0000

World’s largest home improvement retailer, Home Depot Inc. (NYSE: HD) edged up on Tuesday after the company reported better-than-expected fiscal third-quarter results as sales jumped 5% in the wake of strong recovery in the U.S. housing sector, prompting professional contractors to buy more of its merchandising in recent months.

In addition, company’s ongoing cost [...]

Major Gainers and Losers in Early Trading on October 31; LOW, HD, DIS, GNRC, WU

Warren Paige — Wed, 31 Oct 2012 14:25:30 +0000

Shares of Lowe’s Companies Inc. (NYSE: LOW), a home improvement retailer, are up sharply in early trading today. At last check, LOW shares were trading 2.87% higher at $32.26 on volume of 139,251. The stock hit an intra-day high of $32.84 in early trading today.

Shares of Home Depot Inc. (NYSE: HD), an Atlanta, [...]

Major Movers on September 14; FOSL, WERN, ALOG, HD

Warren Paige — Fri, 14 Sep 2012 19:59:06 +0000

The following are major gainers in trading on September 14.

Fossil Inc (NASDAQ: FOSL) soared 9% on Friday. On Thursday, after market hours the company announced that its Chief Financial Officer, Michael L. Kovar will retire from his post in March 2013. Mr. Kovar who joined Fossil in March 2000, was quickly elevated to [...]

Home Depot Q1 Sales Miss Estimate (HD)

Warren Paige — Tue, 15 May 2012 13:11:16 +0000

Home Depot Inc. (NYSE: HD), operator of the Home Depot stores, today, reported its first-quarter financial results. The Atlanta, Georgia-based company reported weaker-than-expected first-quarter sales, sending shares down sharply in pre-market trading today.

Home Depot, which is the world’s largest home improvement chain, reported first-quarter sales of $17.81 billion, representing an increase of 5.9% [...]