Seeking Alpha

Home Depot puts in another solid quarter

  • Home Depot (HD) reports that comparable-store sales rose 4.4% in Q4.
  • Comp sales in the U.S. rose 4.9% during the period.
  • Total expenses fell 4% in Q4 to $4.43B as the company lightened up on SG&A costs.
  • For FY14, Home Depot sees sales growth of 4.8% and operating margin expansion of 70 bps. EPS is expected to land at $4.38.
  • HD +0.4% premarket
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