Company Earnings UpdateThe Home Depot (HD) 2Q 2016 Results: Quarter In Line, Raises EPS Guidance on Better Expense Management Coresight Research August 16, 2016 Executive Summary EPS was $1.97, up 13.9% and in line with consensus on record net income of $2.4 billion. Revenues were a record $26.5 billion, up 6.6% year over year and in line with consensus. Comps were 4.7% and 5.4% for US stores, aided by the tailwind of the strong housing market. The Pro and DIY segments maintained a healthy balance. The company maintained guidance of revenues +6.3% and comps +4.9% for 2016 and raised EPS guidance to $6.31 from $6.27. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Tariffs Prompt Pull-Forward Purchases: What Are Consumers Buying Early?—Data GraphicThree Data Points We’re Watching This Week, Week 16: US Easter ExpectationsFlipkart Big Billion Days 2025: Sales-Tax Cuts To Drive Strong Consumer DemandTariffs and Earnings: What Companies Have Reported—Data Graphic
