Home Depot (HD) reported fiscal Q4 earnings Tuesday of $2.82 per diluted share, down from $3.30 a year earlier.
Analysts polled by Capital IQ expected $2.78.
Net sales for the quarter that ended Jan. 28 were $34.79 billion, down from $35.83 billion a year earlier.
Analysts surveyed by Capital IQ expected $34.67 billion.
For the 53 weeks of its fiscal 2024, the hardware store chain said it expects approximately 1% of diluted earnings per share growth and 1% in total sales growth.
Analysts surveyed by Capital IQ expect earnings of $15.07 per diluted share on revenue of $152.55 billion.
The company also raised its quarterly dividend to $2.25 per share from $2.09 per share, payable on March 21 to shareholders of record as of March 7.