Why Home Depot Shares Are Gaining Today
Home Depot Inc (NYSE:HD) reported first-quarter FY22 sales growth of 3.8% year-on-year to $38.91 billion, beating the consensus of $36.71 billion. Customer transactions for the quarter fell 8.2%. Comparable sales increased 2.2%, and comparable sales in the U.S. rose 1.7%. Gross profit rose 3.2% Y/Y to $13.1 billion. The operating margin was 15.2%,…
Benzinga ·