Customer Traffic Gains Power a 14% Spike in Home Depot Inc. Earnings
Home Depot (NYSE: HD) posted quarterly results this week that were highlighted by accelerating sales gains and a double-digit boost in profits. The retailer also raised its top-line and bottom-line outlooks for the full year.
More on that improving forecast in a moment. First, here's how the big-picture operating results stacked up against the prior year:
Metric
Source: Fool.com
Home Depot Inc. Stock
€308.65
-0.340%
The stock is one of the favorites of our community with 41 Buy predictions and 4 Sell predictions.
As a result the target price of 360 € shows a slightly positive potential of 16.64% compared to the current price of 308.65 € for Home Depot Inc..
