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BTCC / BTCC Square / Global Cryptocurrency /
Home Depot (HD) Beats Q4 Estimates Amid Sales Decline, Dividend Hike

Home Depot (HD) Beats Q4 Estimates Amid Sales Decline, Dividend Hike

Author:
Global Cryptocurrency
Published:
2026-02-24 12:54:02
19
2
BTCCSquare news:

Home Depot outperformed Wall Street expectations with Q4 adjusted EPS of $2.72 against $2.54 estimates, while revenue reached $38.20 billion versus $38.12 billion projections. The home improvement retailer recorded a 3.8% year-over-year sales drop, attributed partly to a shortened fiscal quarter.

The company raised its quarterly dividend by 1.3% to $2.33 per share, marking its 156th consecutive payout. CFO Richard McPhail cited prolonged housing market stagnation and consumer uncertainty as ongoing challenges. Home Depot projects fiscal 2026 sales growth between 2.5%-4.5%, with potential impacts from proposed tariff changes remaining under evaluation.

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