The Latest Breaking News from Home Depot

Q. I recently read your column about the Ryobi inflator and the higher prices in different areas of the country. I had the same experience with the Ryobi inflator at my local Home Depot. I ended up buying one on eBay for $21.99, brand new with free shipping.

The price of shares of S&P 500 company Home Depot (HD) have been foundering lately due to the broader market pullback and its bleak short-term growth prospects. And because the markets remain volatile amid increased geopolitical tensions, the question is will HD be able to regain forward momentum soon? Read…

In this turbulent macroeconomic environment, not much else really matters. So much so that a good earnings report from Home Depot Inc. (NYSE: HD) really does not matter to investors.

Investors who have owned stocks in the past year generally have experienced some decent gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past 12 months is 12.8%. But there is no question some big-name stocks performed better than others along the way.

Someone with a lot of money to spend has taken a bearish stance on Home Depot (NYSE:HD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Home Depot Inc (NYSE: HD) is trading lower Tuesday morning despite announcing better-than-expected fourth-quarter financial results. 

Home Depot Inc (NYSE:HD) reported fourth-quarter FY21 sales growth of 10.7% year-on-year, to $35.72 billion, beating the analyst consensus of $34.87 billion. Comparable sales for Q4 rose 8.1%, and comparable sales in the U.S. increased 7.6%. Customer transactions for the quarter fell 3.4%. Gross profit rose 9.5% Y/Y to $11.9 billion. The operating…

Home Depot (NYSE: HD) on Tuesday announced that sales were up 11% in the fiscal fourth-quarter, as the retailer beat analysts' expectations and said it sees sales growth ahead for 2022. Shares were up 1.44% in pre-market trading.

  Home Depot (NYSE:HD) reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:00 AM. Here's what investors need to know about the announcement.