Home Depot beats by $0.19, reports revs in-line; guides FY27 EPS in-line, revs in-line; raises dividend by 1.3%
- Reports Q4 (Jan) earnings of $2.72 per share, excluding non-recurring items, $0.19 better than the FactSet Consensus of $2.53; revenues fell 3.8% year/year to $38.2 bln vs the $38.09 bln FactSet Consensus.
- The 14th week in fiscal 2024 added approximately $0.30 to adjusted diluted earnings per share to the fourth quarter and the year.
- Comparable sales for the fourth quarter of fiscal 2025 increased 0.4%, and comparable sales in the U.S. increased 0.3%.
- Co issues in-line guidance for FY27, sees adjusted EPS growth ~flat to 4%, which translates to ~$14.69-15.28, excluding non-recurring items, vs. $15.09 FactSet Consensus; sees FY27 revs growth of ~2.5% to 4.5%, which translates to ~$168.8-172.1 bln vs. $171.21 bln FactSet Consensus.
- Comparable sales growth of approximately flat to 2.0%
- Approximately 15 new stores
- Gross margin of approximately 33.1%
- Operating margin of approximately 12.4% to 12.6%
- Adjusted operating margin of approximately 12.8% to 13.0%.
- The Company today announced that its board of directors approved a 1.3% increase in its quarterly dividend to $2.33 per share, which equates to an annual dividend of $9.32 per share. The dividend is payable on March 26, 2026, to shareholders of record at the close of business on March 12, 2026. This is the 156th consecutive quarter the Company has paid a cash dividend.