The U.S. home improvement retailer posted fourth-quarter earnings per share of $2.72 and revenue of $38.2 billion, both surpassing market estimates.
Home Depot announced fourth-quarter earnings per share of $2.72, exceeding the consensus estimate of $2.54. Revenue also came in higher at $38.2 billion against expectations of $38.1 billion. The results reflect continued strength in consumer spending on home improvement projects despite a challenging retail environment.