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Stock Market & Financial Investment News

News Breaks
June 25, 2014
09:20 EDTHDHome 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.
News For HD From The Last 14 Days
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January 21, 2015
12:12 EDTHDBest Buy, home retailers seen getting biggest bump from Sears demise
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January 20, 2015
07:57 EDTHDHome Depot price target raised to $120 from $100 at Credit Suisse
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January 16, 2015
08:03 EDTHDHome Depot names Craig Menear Chairman effective February 2
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