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Posted August 14, 2018

Home Depot sales up 8.4 percent

The Home Depot reported sales of $30.5 billion for the second quarter of fiscal 2018, an 8.4 percent increase from the second quarter of fiscal 2017.


Comparable sales for the second quarter of fiscal 2018 increased 8.0 percent, and comp sales in the U.S. were up 8.1 percent.

Net earnings for the quarter were $3.5 billion, or $3.05 per diluted share, compared with $2.7 billion, or $2.25 per diluted share, in the same period of fiscal 2017. For the second quarter of fiscal 2018, diluted earnings per share increased 35.6 percent from the same period in the prior year.

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