Cost pertaining to Covid-19 pandemic weighed on Home Depot Q1 earnings

Cost pertaining to Covid-19 pandemic weighed on Home Depot Q1 earnings

For Q1, Home Depot earned $2.25bn, or $2.08 per share against analysts expectation of $2.26 per share. Last year, the company earned $2.51bn. Q1 revenue increased to $28.26bn, from $26.38bn, beating analyst estimates of $27.61bn. The cost pertaining to employee’s compensation, extended dependent care benefits and waived related co-pays during Covid-19 dragged on companies profits.

Milan
Milan
I have no idea
I have no idea 1 weeks

Nope the lockdown is 100% effective and has no negative side effects whatsoever. Not one reason why the lockdown wasn't the appropriate response to a disease that we new so little about. If you have a broken toe use a shotgun to remove your foot it is both effective and necessary.

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