"These results will be construed as a disappointment considering the really good weather, which clearly helped seasonal categories and the relatively strong (comparable) sales" at Home Depot, said Janney Capital analyst David Strasser. 
Share:  <span class="sent">"These results will be construed as a disappointment considering the really good weather, which clearly helped seasonal categories and the relatively strong (comparable) sales" at <span class="company">Home Depot</span>, said Janney Capital analyst <span class="analyst">David Strasser</span>.</span> Tweet this   read full story

Home Depot ( NYSE:HD), the largest U. S home improvement retailer, posted a 6% improvement in same store sales last quarter benefiting from the uncharacteristically warm winter and increased business from contractors. However, sales and margin improvements and raised outlook missed heightened market expectations, sending the stock lower after earnings. Also, since this quarter pulled forward the seasonal purchases of plants and outdoor equipment, the company now expects next quarter sales to be slower than previously expected. 
Share:  Home Depot ( <span class="company">NYSE:HD</span>), the largest U. S home improvement retailer, posted a 6% improvement in same store sales last quarter benefiting from the uncharacteristically warm winter and increased business from contractors. However, sales and margin improvements and raised outlook missed heightened market expectations, sending the stock lower after earnings. Also, since this quarter pulled forward the seasonal purchases of plants and outdoor equipment, the company now expects next quarter sales to be slower than previously expected. Tweet this   read full story

In a company note published earlier today, Jefferies & Company, Inc. reiterated its Hold rating and $44.00 price target for The Home Depot, Inc. ( NYSE: HD). . Jefferies said in its report "Q1 results looked strong in absolute terms, but guidance doesn't suggest Q1 momentum continues. 
Share:  <span class="sent">In a company note published earlier today, <span class="analyst">Jefferies & Company</span>, Inc. reiterated its Hold rating and $44.00 price target for The Home Depot, Inc. ( NYSE: HD). . Jefferies said in its report "Q1 results looked strong in absolute terms, but guidance doesn't suggest Q1 momentum continues.</span> Tweet this   read full story

Home Depot said the supply chain investments allowed it to react faster to demand fluctuations. Chief Financial Officer Carol Tome said in an interview that within that network stores can override orders at the last minute or move products from one market to another. , Mia Lamar and Melodie Warner contributed to this article. Write to John Kell at john.kell@dowjones.com. 
Share:  <span class="company">Home Depot</span> said the supply chain investments allowed it to react faster to demand fluctuations. <span class="sent">Chief Financial Officer <span class="analyst">Carol Tome</span> said in an interview that within that network stores can override orders at the last minute or move products from one market to another.</span> , Mia Lamar and Melodie Warner contributed to this article. Write to John Kell at john.kell@dowjones.com. Tweet this   read full story

Comparable store sales for the quarter were positive 5.8 percent, and comp sales for U. S stores were positive 6.1 percent. "We saw a stronger than expected start to the year, driven by record warm weather and continued demand for core products," said Frank Blake, chairman & CEO. Additionally, the company has updated its fiscal 2012 guidance, now expecting sales to be up around 4.6 percent for the year on a 53 week basis. The company has also raised its fiscal 2012 earnings per share guidance and now expects earnings per share to be up about 17 percent to $2.90 for the year. 
Share:  Comparable store sales for the quarter were positive 5.8 percent, and comp sales for U. S stores were positive 6.1 percent. <span class="sent">"We saw a stronger than expected start to the year, driven by record warm weather and continued demand for core products," said Frank Blake, chairman & CEO.</span> Additionally, the company has updated its fiscal 2012 guidance, now expecting sales to be up around 4.6 percent for the year on a 53 week basis. The company has also raised its fiscal 2012 earnings per share guidance and now expects earnings per share to be up about 17 percent to $2.90 for the year. Tweet this   read full story