Meanwhile,
Home depot makes round back:
Keystone-SDA
The American DIY store Home Depot stores announces a net profit on Tuesday for the second quarter of its offbeat exercise lower than expectations. nevertheless noting that customers continue to multiply projects to improve their habitat. Therefore,
(Keystone-ATS) Faced with this “dynamic which began at the end of last year and which continued on the first part” of the fiscal year 2025, explained the boss Ted Decker quoted in a press release, the group confirmed its annual home depot makes round back objectives.
Stressing that the current year would be made up of 52 weeks against 53 for the previous one. Home Depot discounts an increase of approximately 2.8% of its annual turnover (+1% with comparable data) and an operating margin around 13.4% excluding exceptional elements.
Its net profit per share should, on the other hand, fall by approximately 3% compared to the $ 14.91 in the financial year 2024 and, excluding exceptional elements -reference for markets -, it should fall by around 2% compared to the $ 15.24 of the previous year.
The consensus of Factseet analysts awaited 14.94 dollars for the latter before Tuesday’s publication.
“Our teams work at a high level and we continue to gain market share,” said Mr. Decker. “Our second quarter results meet our expectations,” he said.
But they are below the consensus which tapped on a net profit of $ 4.68 billion, and $ 4.72 per share with comparable data. home depot makes round back Home Depot carried out 4.55 billion and $ 4.68 respectively.
The quarterly turnover increased by 4.9% over a year to reach $ 45.27 billion but, with comparable data, the increase was only 1% (+1.4% in the United States).
Home Depot specifies that the exchange effects affected its activity outside exceptional elements up to forty base points in the. quarter.
In the first half, its turnover jumped from 7% to 85.13 billion dollars and its operating margin fell to 13.7%, against 14.6% a year earlier.
As of August 3. the deadline for its second quarter, the Atlanta group (Georgia) operated 2,353 stores and more than 800 sites in the United States, Canada and Mexico. He employed more than 470,000 people.
In electronic exchanges before opening the New York Stock Exchange, the Home Depot action fell 1.19%.
Home depot makes round back
Further reading: Tesla Diner’s retro-futuristic restaurant, “one of the coolest places in Los Angeles” for Elon Musk – The price of supplies remains high without real reason – Washington refuses to guarantee a fixed price for the purchase of F -35 – RTS.CH – an employee of an Air France provider questioned after having taken passengers – Income taxes: Have you paid too much? Here is when you are going to be reimbursed … and it’s soon.