Should Home Depot Be Considered After Q4?

Filed under: Earnings Reports, Home Depot (HD), Lowe's Cos (LOW)

You've got to take notice of The Home Depot Inc.'s (HD) fourth quarter. Check out Trey Thoelcke's article devoted to retail earnings published this afternoon. It provides a snapshot of data for the chain. It's impressive.

Besides beating earnings expectations, what most observers should focus on is the fact that this is the first quarter in a very, very long time that has seen appreciation in the same-store sales metric. Not a bad change of pace, huh? Those negative comps were becoming a little boring, quite frankly. Furthermore, the chain actually increased its quarterly dividend payout. This isn't insignificant; it clearly signals, in theory at least, a fundamental shift.

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Should Home Depot Be Considered After Q4? originally appeared on BloggingStocks on Tue, 23 Feb 2010 17:00:00 EST. Please see our terms for use of feeds.

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