On Tuesday, Shares of Home Depot Inc (NYSE:HD), gain 2.58% to $122.79.
Home Depot Inc, stated sales of $24.8 billion for the second quarter of fiscal 2015, a 4.3 percent enhance from the second quarter of fiscal 2014. Comparable store sales for the second quarter of fiscal 2015 were positive 4.2 percent, and comp sales for U.S. stores were positive 5.7 percent.
Net earnings for the second quarter of fiscal 2015 were $2.2 billion, or $1.73 per diluted share, contrast with net earnings of $2.1 billion, or $1.52 per diluted share, in the same period of fiscal 2014. For the second quarter of fiscal 2015, diluted earnings per share raised 13.8 percent from the same period in the preceding year.
“We were happy with this quarter’s results. We saw balanced growth across our business resulting from strength in the core of the store in addition to the continued recovery of the U.S. housing market,” said Craig Menear, chairman, CEO and president. “I would like to thank our associates for their hard work and dedication.”
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.
Shares of Macy’s, Inc (NYSE:M), declined -0.48% to $62.65, during its last trading session.
This Thanksgiving will be positively pre-historic as the legendary Sinclair Oil “Dino” returns to the 89th Macy’s (NYSE:M) Thanksgiving Day Parade. On Thursday, Nov. 26, Sinclair Oil Corporation’s magnificent mascot will be transformed into a 77-foot long balloon giant, ready to take flight in front of more than 3.5 million spectators and a television audience of more than 50 million viewers.
“The Macy’s Parade has always been rooted in history and tradition, and what better way to honor that legacy, as we gear up for our 90th anniversary, than to look back at our history and re-introduce a classic character and fan favorite to a new generation,” said Amy Kule, executive producer of Macy’s Thanksgiving Day Parade. “After almost 40 years, we are very excited to welcome back Sinclair Oil’s Dino, and can’t wait to see him take flight once more above the streets of New York City on Thanksgiving Day.”
“We are delighted that our iconic Sinclair Dinosaur is returning to New York City and participating in the world-renowned Macy’s Thanksgiving Day Parade. With our forthcoming centennial anniversary, we feel extremely fortunate to have such a timeless brand symbol that is loved by so many Americans of all ages,” said Ross Matthews, chairman and CEO of Sinclair Oil Corporation.
Macy’s, Inc., together with its auxiliaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, counting apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods.
Finally, MasTec, Inc (NYSE:MTZ), ended its last trade with -6.02% loss, and closed at $16.24.
MasTec, declared 2015 second quarter financial results and updated its guidance for the balance of the year.
Second quarter 2015 revenue reduced 3.7% to $1.07 billion from $1.1 billion in the preceding year quarter. The quarterly revenue change was primarily composed of revenue declines in the Electrical Transmission and Communications segments, partially offset by revenue enhances in the Oil & Gas and Power Generation & Industrial segments. Second quarter 2015 net loss from ongoing operations was $3.8 million, or $0.05 per diluted share, contrast to net income from ongoing operations of $33.7 million, or $0.39 per diluted share, for the second quarter of 2014. Second quarter 2015 results comprise about $0.14 per diluted share for non-operating and non-core charges not comprised of in preceding year results, composed primarily of WesTower acquisition integration costs, Audit Committee investigation related costs and the nonrecurring impact of an income tax law change in Alberta, Canada.
Second quarter 2015 adjusted net income from ongoing operations, a non-GAAP measure, was $8.1 million contrast to $36.4 million in 2014. Second quarter 2015 ongoing operations adjusted diluted earnings per share, a non-GAAP measure, was $0.10, contrast to $0.42 last year. Second quarter 2015 ongoing operations adjusted EBITDA, also a non-GAAP measure, was $71.0 million contrast to $108.4 million in 2014.
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure in the United States and internationally.
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