Home Depot Reports Q4 2023 Earnings: Overview of Financial Performance

Tuesday, 20 February 2024, 11:16

Explore the financial results of Home Depot (NYSE: HD) for Q4 2023, featuring key highlights such as a 2.9% decline in sales to $34.8 billion and a 3.5% decrease in comparable sales. The net earnings stood at $2.8 billion, revealing insights into the company's recent performance and market trends. Overall, the Q4 report provides valuable data for investors and analysts to assess Home Depot's financial position and strategic direction.
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Home Depot Reports Q4 2023 Earnings: Overview of Financial Performance

Overview

Home Depot (NYSE: HD) reported fourth quarter 2023 earnings results today. Sales were $34.8 billion, down 2.9% from the same quarter a year ago. Comparable sales decreased 3.5%.

Key Highlights

  • Net earnings were $2.8 billion.
  • Sales declined by 2.9% to $34.8 billion.
  • Comparable sales saw a decrease of 3.5%.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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