India, Feb. 25 -- Home Depot Inc., while reporting higher fourth-quarter results above market estimates, on Tuesday issued fiscal 2025 guidance, expecting weak earnings, but higher sales and comparable sales. Further, the home improvement retailer announced higher quarterly dividend.
In pre-market activity on the NYSE, Home Depot shares were losing around 2.4 percent to trade at $373.33.
Ted Decker, chair, president and CEO, said, "Our fourth quarter results exceeded our expectations as we saw greater engagement in home improvement spend, despite ongoing pressure on large remodeling projects. Throughout the year, we remained steadfast in our investments across our strategic initiatives to position ourselves for continued success, despite ...