Introduction
If you are a Home Depot shareholder, employee, or just a curious shopper, you may be interested in learning about the company’s fiscal calendar for 2024. Understanding the fiscal calendar can help you plan your investments, track your expenses, and make informed decisions about your purchases.
What is a Fiscal Calendar?
A fiscal calendar is a period of 12 months that a company uses to record its financial activities, such as sales, expenses, profits, and taxes. The fiscal calendar may or may not align with the calendar year, which is from January 1 to December 31.
When Does Home Depot’s Fiscal Calendar Begin and End?
Home Depot’s fiscal calendar for 2024 begins on February 3, 2024, and ends on February 1, 2025. This means that the fiscal year 2024 includes 52 weeks, or 364 days, instead of the usual 365 days. The fiscal calendar is designed this way to align with the company’s operational and financial reporting needs.
What are the Key Dates in Home Depot’s Fiscal Calendar 2024?
Here are some of the important dates to remember in Home Depot’s fiscal calendar for 2024:
- Q1 2024: February 3 to May 4, 2024
- Q2 2024: May 5 to August 3, 2024
- Q3 2024: August 4 to November 2, 2024
- Q4 2024: November 3, 2024 to February 1, 2025
- Annual Shareholders Meeting: May 16, 2024
- Annual Report Release: February 25, 2025
How Can You Use Home Depot’s Fiscal Calendar?
Home Depot’s fiscal calendar can be useful for a variety of reasons:
- Investors can track the company’s financial performance and make informed decisions about buying, holding, or selling stocks.
- Employees can plan their work schedule, vacations, and bonuses based on the company’s fiscal year.
- Shoppers can anticipate sales, promotions, and clearance events based on the company’s quarterly and annual reports.
Conclusion
Home Depot’s fiscal calendar for 2024 is an important tool for anyone who is interested in the company’s financial activities. By understanding the key dates and periods, you can stay informed and make better financial decisions.
Question and Answer
Q: Why does Home Depot use a fiscal calendar instead of a calendar year?
A: Home Depot uses a fiscal calendar to align with its operational and financial reporting needs. This allows the company to track its financial performance more accurately and efficiently.
Q: What are the benefits of knowing Home Depot’s fiscal calendar?
A: Knowing Home Depot’s fiscal calendar can help you plan your investments, track your expenses, and make informed decisions about your purchases. It can also help you anticipate sales, promotions, and clearance events.
Q: When is Home Depot’s annual shareholders meeting?
A: Home Depot’s annual shareholders meeting for 2024 is scheduled for May 16, 2024.