Home Depot sees U.S. sales growth, continued housing market recovery in FY14 Says weather impacted sales in the U.S. during Q1. Says the "good news" is that company's southern and western divisions exceeded positive comparable store sales expectations and offset the weather impact. Says expect total company sales growth to be 4.8%. Expects SSS growth for the year to be 4.6%. Sees 7 new store openings in FY14. Anticipate FY14 diluted EPS growth of 17.6% based on earnings growth and share repurchases. Sees $7B of share repurchases in FY14. Expects a return on invested capital of 24% by the end of the year. Says targeting dividend payout ratio of approximately 50% of earnings. Says intends to increase its dividend every year. Comments made at the Oppenheimer 14th Annual Consumer conference.
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MakerBot, Home Depot to bring MakerBot 3D printers to select stores MakerBot, a subsidiary of Stratasys (SSYS), and The Home Depot (HD) announce a collaboration to bring MakerBot Replicator Desktop 3D Printers to customers on homedepot.com/makerbot and in 12 Home Depot stores in California, Illinois and New York beginning July 14. This is the first time The Home Depot has offered 3D printers for sale in its stores and will be a pilot program for MakerBot and The Home Depot.