Home Depot (NYSE: HD) announced its Q1 2019 (ended April 2019) results on May 21, 2019, followed by a conference call with analysts. In-spite of the fluctuations, the company has seen a revenue growth in all quarters of FY 2018 vis-à-vis the same quarters of FY 2017. In Q1 2019 (ended April 2019) revenue was recorded at $26.4 billion, up 5.7% y-o-yThe company’s revenue growth is mainly contributed by the revenue per square foot metric. In Q1 2019 (ended April 2019) the metric stood at 65.8%Indirect expenses decreased in FY 2018 and we expect the same to continue in FY 2019 as they are estimated at $8.7 billion. Full Year Outlook:For the full year, we expect gross revenue to increase by 3.2% to $111.6 billion in FY 2019.

Source: Forbes May 22, 2019 19:52 UTC