The Home Depot (HD) Revenue — Quarter Ended Jan 29, 2023
Revenue for this quarter declined compared to the immediately preceding quarter. On a year-over-year basis, revenue was essentially flat against the same period one year earlier.
Key takeaway
Quarter ended Jan 29, 2023 · FY2022 Q4
Revenue for this quarter declined compared to the immediately preceding quarter. On a year-over-year basis, revenue was essentially flat against the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$35.8B
Revenue reported for this quarter.
Quarter-over-quarter
-7.8%
Change from the immediately preceding quarter.
Year-over-year
+0.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$157.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 1, 2022 | $38.9B | +3.8% |
| Jul 31, 2022 | $43.8B | +6.5% |
| Oct 30, 2022 | $38.9B | +5.6% |
| Jan 29, 2023 | $35.8B | +0.3% |
Revenue performance
Reported revenue shows a sequential decline from the prior quarter. The trailing twelve-month revenue reflects full-year performance.
Quarterly comparison
Compared with the prior quarter, revenue fell by a noticeable percentage. Versus the same quarter one year ago, revenue remained nearly unchanged.
What to watch
The steady year-over-year comparison after two quarters of stronger growth may warrant attention in the next period.