Tuesday, August 15, 2017

Home Depot profits break record; quarter’s sales also hit all-time high

The Home Depot, the world's largest home improvement retailer, Tuesday announced sales of $28.1 billion for the second quarter of its fiscal year. That was up 6.2 percent from the same quarter a year ago.

During the quarter, comparable store sales were in line with the overall results, up 6.3 percent. The company’s American stores did slightly better than the corporate average, rising 6.6 percent.. . . more

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