Home Depot (HD): Q3 EPS of $0.60 beats by $0.02. Revenue of $17.3B (+4.4% year over year) beats by $200M. Comparable store sales growth at 4.2%. Sees FY11 EPS at $2.38.
Number of customer transactions increased 1.2% year over year, while the average ticket was up 3%. The company reaffirms full-year sales growth guidance of 2.5%. Increases its quarterly dividend by 16% to $0.29/share, and sets a 50% dividend payout target.
HD is currently down 0.21 to 38.04
Tuesday, November 15, 2011
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