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Home depot return cinder block3/24/2024 The dividend is payable on March 21, 2024, to shareholders of record on the close of business on March 7, 2024. The Company today announced that its board of directors approved a 7.7% increase in its quarterly dividend to $2.25 per share, which equates to an annual dividend of $9.00 per share. I also want to thank our associates for their hard work and dedication to serving our customers and communities." We remain excited about the future for home improvement and our ability to grow share in our large and fragmented market, which we estimate to be over $950 billion. "During fiscal 2023, we focused on several initiatives to strengthen the business while also staying true to our strategic investments of creating the best interconnected experience, growing our pro wallet share through our unique ecosystem of capabilities, and building new stores. "After three years of exceptional growth for our business, 2023 was a year of moderation," said Ted Decker, chair, president, and CEO. For fiscal 2023, diluted earnings per share decreased 9.5% versus last year. Net earnings for fiscal 2023 were $15.1 billion, or $15.11 per diluted share, compared with net earnings of $17.1 billion, or $16.69 per diluted share in fiscal 2022. Comparable sales for fiscal 2023 decreased 3.2%, and comparable sales in the U.S. Sales for fiscal 2023 were $152.7 billion, a decrease of 3.0% from fiscal 2022. For the fourth quarter of fiscal 2023, diluted earnings per share decreased 14.5% from the same period in the prior year. Net earnings for the fourth quarter of fiscal 2023 were $2.8 billion, or $2.82 per diluted share, compared with net earnings of $3.4 billion, or $3.30 per diluted share, in the same period of fiscal 2022. Comparable sales for the fourth quarter of fiscal 2023 decreased 3.5%, and comparable sales in the U.S. Sales for the fourth quarter of fiscal 2023 were $34.8 billion, a decrease of 2.9% from the fourth quarter of fiscal 2022.
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