Executive Summary
- Home Depot reported 4Q15 revenue of $21.0 billion, slightly above the consensus estimate of $20.4 billion and up 9.5% compared to the same quarter a year ago. The company reported diluted EPS of $1.17 for the quarter, up 11.4% year over year and beating the consensus estimate of $1.10.
- The growth was driven by continued recovery in the housing market, favorable weather and the company’s successful merchandising strategy.
- Home Depot provided EPS guidance for FY16 of $6.12–$6.18 or a 12%–13% year-over-year increase.
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