2/23, 12:03 PM (Source: TeleTrader)
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Home Depot: Q4 EPS up 16.2% YoY to $2.65

Home Depot, Inc. announced on Tuesday that its diluted earnings per share stood at $2.65 in the fourth quarter of fiscal 2020, increasing by 16.2% compared to the same period in 2019.

Operating income amounted to $4.1 billion in the three months ending with January 31, 2021, marking an increase of 20% from the same trimester last year. The company reported that its net sales stood at $32.26 billion in the fourth three-month period, representing a gain of 25.1% on an annual basis.

In the full fiscal 2020, net sales reached $132.11 billion, jumping 19.9% from the previous year, while diluted earnings per share grew 16.5% to $11.94. Operating income rose by 15.4% to $18.28 billion in 2020 compared to 2019.

The company's stock was 1.76% down in premarket trade following the release of the report.

Breaking the News / MS