
Home Depot: sales up in 2024, but earnings down
(CercleFinance.com) - Home Depot announces that net sales reached $159.
5bn in the past fiscal year, up 4% on the previous year.
Operating income came to $21.5bn (-0.8%), penalized by operating expenses that rose 8.6% to $31.7bn.
Under these conditions, annual net income came to $14.8bn, down 2.2%, for annual diluted EPS of $14.91 (-1.3%).
For 2025, Home Depot is targeting total sales growth of around 2.8%, with a gross margin of around 33.4% and diluted EPS down around 3% from $14.91 in FY 2024.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
5bn in the past fiscal year, up 4% on the previous year.
Operating income came to $21.5bn (-0.8%), penalized by operating expenses that rose 8.6% to $31.7bn.
Under these conditions, annual net income came to $14.8bn, down 2.2%, for annual diluted EPS of $14.91 (-1.3%).
For 2025, Home Depot is targeting total sales growth of around 2.8%, with a gross margin of around 33.4% and diluted EPS down around 3% from $14.91 in FY 2024.
Copyright (c) 2025 CercleFinance.com. All rights reserved.