Home Depot Non-GAAP EPS of $4.68 misses by $0.01, revenue of $45.28B in-line

* Home Depot press release [https://seekingalpha.com/pr/20204495-the-home-depot-announces-second-quarter-fiscal-2025-results-reaffirms-fiscal-2025-guidance] (NYSE:HD [https://seekingalpha.com/symbol/HD]): Q2 Non-GAAP EPS of $4.68 misses by $0.01.
* Revenue of $45.28B (+4.8% Y/Y) in-line.
* Comparable sales for the second quarter of fiscal 2025 increased 1.0%, and comparable sales in the U.S. increased 1.4%.

*
The company reaffirms its guidance for fiscal 2025, a 52-week year compared to fiscal 2024, a 53-week year.

* Total sales growth of approximately 2.8% vs 3.03% consensus
* Comparable sales growth of approximately 1.0% for the comparable 52-week period
* Approximately 13 new stores
* Gross margin of approximately 33.4%
* Operating margin of approximately 13.0%
* Adjusted(1) operating margin of approximately 13.4%
* Tax rate of approximately 24.5%
* Net interest expense of approximately $2.2 billion
* Diluted earnings-per-share to decline approximately 3% vs 0.64% consensus from $14.91 in fiscal 2024
* Adjusted(1) diluted earnings-per-share to decline approximately 2% from $15.24 in fiscal 2024
* Capital expenditures of approximately 2.5% of total sales

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