Tuesday, February 26, 2019

Home Depot Q4 Results Miss View, Outlook Disappoints; Hikes Dividend

Home improvement retailer Home Depot Inc. on Tuesday reported a nearly 32 percent increase in profit for the fourth quarter from last year as higher sales helped offset the negative impact of an impairment loss. However, results for the quarter missed analysts' expectations and the company also forecast fiscal 2019 earnings below their estimates.

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