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Earnings day is not just about tallying sales and profits, but also when management rolls out the game plan for what’s next.
McPhail said Home Depot opened 12 new stores in 2024, and it plans to open 13 new locations in the coming year. Home Depot has also looked to home professionals as one of its major sales drivers.
Yet McPhail said Home Depot, which reported strong fourth-quarter results Tuesday, has seen sales growth in nearly 80% of its U.S. geographic regions.
Home Depot stuck by its full-year guidance, even though it missed Wall Street's first-quarter earnings estimates. CFO Richard McPhail said the home improvement retailer has diversified where it ...
Home Depot stuck by its full-year sales forecast, and a top executive said the retailer doesn’t plan to hike prices because of tariffs.
Home Depot's pricing strategy is at odds with Walmart, which said last week that it would have to raise prices as soon as late May to cover higher costs from tariffs. McPhail's comments came as ...
Home Depot projected adjusted earnings per share will decline about 2% compared with the prior year. Get local news you need to know to start your day with NBC 6's News Headlines newsletter.
Compared with other retailers, Home Depot caters to a more affluent U.S. consumer who tends to be employed and to have benefited from the sharp increase of property values since 2019, McPhail said.