The Home Depot said fourth-quarter sales were $34.8 billion for Q4, down 2.9% from the same quarter a year earlier, and full-year sales were $152.7 billion, down 3.0%. The company said comparable sales fell 3.2% for the year.

1. 01

   The Home Depot said fourth-quarter sales were $34.8 billion for Q4, down 2.9% from the same quarter a year earlier, and full-year sales were $152.7 billion, down 3.0%. The company said comparable sales fell 3.2% for the year.

2. 02

   The company said net earnings for Q4 were $2.8 billion ($2.82 per diluted share), below $3.4 billion ($3.30 per diluted share) in the same quarter last year, and diluted earnings per share fell 14.5%.

3. 03

   The company said its board approved a 7.7% increase in the quarterly dividend to $2.25 per share, equal to an annual dividend of $9.00 per share. The dividend is payable on March 21, 2024, and it is the 148th consecutive quarter the company has paid a cash dividend.

4. 04

   For fiscal 2024, the company said it will have 53 weeks of operating results and guided to total sales growth of approximately 1.0%, including the 53rd week, which it projects will add approximately $2.3 billion to total sales. It also guided to comparable sales declining approximately 1.0% over the 52-week period.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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