Home depot in the fourth quarter of the year net income increased 32%, better than expected the strong U.S. sales and a week extra shopping help.
The nation's largest home outfit retailers said on Tuesday, will buy $1.7 billion worth of common stock, its quarterly dividend increased by 34%.
On February 3, check period, Home Depot company revenue was $102 million, or 68 cents per share. By contrast, the $774 million, or fifty cents per share, a year ago. From FactSet survey of analysts average expected 64 cents per share.
The chain said, in the quarter increased additional week earnings per share about 7 cents.
Income rose by 14% to $1.825 billion, $1.601 billion, $1.772 billion beat Wall Street estimates.
Additional week in the current quarter have higher income of about 1.2 billion dollars.
"We over the years, our business benefit from the strong performance of the housing market continued recovery, and affected by the storm sand area maintenance and sales, the company chairman and CEO frank Blake said:" in a statement.
With store income for at least a year, retailers health is an important indicator, increased by 7%. In the United States, the digital climbed 7.1%. Not included in these results, additional week.
This measure does not include recently from the shop open or closed.
On Monday, the competitors Lowe Cos. The company announced that the fourth quarter in profits than analysts' expectations, the company included in the performance of the cleaning work, sandy and new pricing strategy.
Home Depot (Home Depot) published annual net income grew by 17%, to $454 million, or $3 per share, $3.88 $, or $2.47 per share, the same period last year. Annual turnover increased 6% to $7.475 billion, $7.04 billion.
Stores opened at least a year income rose 4.6%, the growth of 4.9% in the results.
For fiscal year 2013, the Atlanta company earnings per share is expected to $3.37 by adjusting stock repurchase. Income is expected to rise about 2%. According to the 2012 income, this means that $76.21 billion.
Wall Street forecast earnings of $3.50 per share, an income of $7.624 billion.
Home Depot (Home Depot) said, its $17 billion before the buyback replaced the authorization. The company has buy about 100 million shares to February 3. The company plans to finish at the end of 2015 the buyback of $1.7 billion.
Home Depot quarterly dividend growth 34%, 39 cents per share. Dividend will be distributed to march and day to March 14 listed shareholders.
Home Depot (Home Depot) between 2256 retail stores in all fifty states, the district of Columbia, Puerto Rico, the virgin islands, Guam, Canada ten provinces and Mexico's fourth quarter.



Other News:
Home Depot 4Q results top Street, OKs $17B buyback
British media said the BBC suspect in the the late anchor Saville sexual assault
Walmex sees 2013 capex up, won't disclose new stores
Egypt hot-air balloon crashed and tourists death including 9 HK citizen
Southeast Asian margin squeeze snags Singapore Inc
United says removing Boeing 787 from flight plans
BP, contractors start trial for worst U.S. offshore spill
'The Hobbit' Debuts With $17.8M at China Box Office