Home Depot Reports Strong Q4 Earnings and Announces Dividend Increase Home Depot (NYSE: HD ), the world’s largest home improvement retailer, has released its fourth-quarter and fiscal 2024 results, highlighting robust sales growth and an increase in its quarterly dividend. Despite challenges in the home improvement market, the company demonstrated resilience and strategic growth. Fourth Quarter 2024 Highlights Revenue Growth : Sales surged 14.1% year-over-year to $39.7 billion , largely influenced by an extra 14th week in the quarter, which contributed approximately $2.5 billion to the total. Comparable Sales : U.S. comparable store sales rose 1.3% , reflecting increased consumer engagement despite ongoing pressures on large-scale remodeling projects. Earnings Growth : Net earnings for Q4 stood at $3.0 billion , or $3.02 per diluted share , a 7% increase compared to $2.8 billion in Q4 2023. Adjusted EPS : Adjusted diluted earnings per share (EPS) climbed to $3.13 , up from $2.86 the...
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