L - Will slowdown in the home improvement market weigh on Home Depot's sales in Q4?
Home Depot (NYSE:HD) is scheduled to announce Q4 earnings results on Tuesday, February 22nd, before market open. The consensus EPS Estimate is $3.17 (+19.6% Y/Y) and the consensus Revenue Estimate is $34.83B (+8.0% Y/Y). In the last week of January, the company named Edward "Ted" Decker as the new CEO and president, effective March 1, 2022. Current CEO Craig Menear will continue to chair the board. In the first week of February, the company unveiled plans to hire more than 100,000 new associates ahead of its busy spring season. The company projected to raise dividend next week. Home Depot (NYSE:HD) was included in the Wells Fargo's list of 25 stocks that are the (long-only fundamental core) funds' largest consensus underweights as of Dec. 2021. Competitor Lowe's (NYSE:L) is expected to report Q4 results a day later on February 23. Lowe's CEO, Marvin Ellison who had spent 12 years in a senior
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Will slowdown in the home improvement market weigh on Home Depot's sales in Q4?