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Home Depot Reports $3 Billion Quarterly Profit
By USinMinutes - Feb 25, 2025, 06:50 AM ET
Last Updated - Feb 25, 2025, 11:53 AM EST
The company records $39.7 billion revenue for Q4 ended Feb 2, 2025
HOME DEPOT, INC. [HD] reported $3 billion profit for Q4 ended Feb 2, 2025, an increase of $196 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 25, 2025 that it generated revenue of $39.7 billion for the period, an increase of $4.9 billion, or 14.1%, from the fourth quarter of fiscal 2023.
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Based in Atlanta, Georgia, the company reported $3 earnings per share for the period, compared to $2.8 in the same quarter of the previous year. The earnings estimate missed estimates by 0.79%.
The company's profit increased by 7% from $2.8 billion in the last same quarter of 2023.
The revenue of The Home Depot with 470,000 employees on the rolls showed 14.1% increase from $35.9 billion in the quarter a year ago.
The company said it operated a total of 2,347 retail stores and over 780 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.
USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although we take care to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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