trending Market Intelligence /marketintelligence/en/news-insights/trending/W143rrwAru3_TE-fR9PgQQ2 content esgSubNav
In This List

Home Depot fiscal Q2 profit climbs 14.4% YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Home Depot fiscal Q2 profit climbs 14.4% YOY

Home Depot Inc. said its normalized net income for the fiscal second quarter ended Aug. 3 came to $1.50 per share, compared with the S&P Capital IQ consensus estimate of $1.45 per share.

EPS rose 22.1% year over year from $1.23.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.04 billion, a gain of 14.4% from $1.78 billion in the year-earlier period.

The normalized profit margin climbed to 8.5% from 7.9% in the year-earlier period.

Total revenue grew 5.7% on an annual basis to $23.81 billion from $22.52 billion, and total operating expenses climbed year over year to $20.36 billion from $19.50 billion.

Reported net income increased 14.9% on an annual basis to $2.06 billion, or $1.52 per share, from $1.79 billion, or $1.24 per share.