![]() The conference call will be available in its entirety through a webcast and replay at ir./events-and-presentations.Īt the end of the fourth quarter, the Company operated a total of 2,317 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. ![]() Following the call, supplemental slides related to the conference call can be found at. The Company expects the conference call to end no later than 10:30 a.m. ET to discuss information included in this news release and related matters, including a brief update on strategic initiatives. The Home Depot will conduct a conference call today at 9 a.m. Diluted earnings-per-share-growth to be low single digits.Net interest expense of approximately $1.5 billion.Operating margin approximately flat with fiscal 2021.Sales growth and comparable sales growth to be slightly positive.This dollar run-rate is adjusted for the Company's historical seasonality to calculate its sales outlook for 2022. The Company's fiscal 2022 guidance assumes the run-rate of dollar demand it has observed over the last two quarters continues through fiscal 2022. This is the 140 th consecutive quarter the Company has paid a cash dividend. The dividend is payable on March 24, 2022, to shareholders of record on the close of business on March 10, 2022. ![]() The Company today announced that its board of directors approved a 15 percent increase in its quarterly dividend to $1.90 per share, which equates to an annual dividend of $7.60 per share. I would like to thank all of our associates, as well as our supplier partners, for their hard work and dedication to serving our customers, communities and each other." "Our ability to grow the business by over $40 billion in the last two years is a testament to investments we have made in the business, our ability to execute with agility, and our associates' relentless focus on our customers. We achieved a milestone of over $150 billion in sales," said Craig Menear, chairman and CEO. "Fiscal 2021 was another record year for The Home Depot. For fiscal year 2021, diluted earnings per share increased 30.1 percent versus last year. Net earnings for fiscal 2021 were $16.4 billion, or $15.53 per diluted share, compared with net earnings of $12.9 billion, or $11.94 per diluted share in fiscal 2020. Comparable sales for fiscal 2021 increased 11.4 percent, and comparable sales in the U.S. Sales for fiscal 2021 were $151.2 billion, an increase of $19.0 billion, or 14.4 percent, from fiscal 2020. For the fourth quarter of fiscal 2021, diluted earnings per share increased 21.1 percent from the same period in the prior year. Net earnings for the fourth quarter of fiscal 2021 were $3.4 billion, or $3.21 per diluted share, compared with net earnings of $2.9 billion, or $2.65 per diluted share, in the same period of fiscal 2020. Comparable sales for the fourth quarter of fiscal 2021 increased 8.1 percent, and comparable sales in the U.S. Sales for the fourth quarter of fiscal 2021 were $35.7 billion, an increase of $3.5 billion, or 10.7 percent from the fourth quarter of fiscal 2020.
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