The Home Depot (HD) Revenue — Quarter Ended Jul 28, 2024
Revenue increased in the quarter. The rise was seen both sequentially and year-over-year.
Key takeaway
Quarter ended Jul 28, 2024 · FY2024 Q2
Revenue increased in the quarter. The rise was seen both sequentially and year-over-year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$43.2B
Revenue reported for this quarter.
Quarter-over-quarter
+18.6%
Change from the immediately preceding quarter.
Year-over-year
+0.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$152.1B
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 |
|---|---|---|
| Oct 29, 2023 | $37.7B | -3.0% |
| Jan 28, 2024 | $34.8B | -2.9% |
| Apr 28, 2024 | $36.4B | -2.3% |
| Jul 28, 2024 | $43.2B | +0.6% |
Revenue performance
The quarter's revenue was higher than the immediately preceding quarter's revenue. It also exceeded the revenue from the same quarter one year earlier.
Quarterly comparison
The sequential increase was substantially greater than the year-over-year increase. This indicates a stronger recent performance relative to the prior period.
What to watch
The filing context only references the management discussion and analysis section without providing detailed commentary on revenue drivers.