Q1 Sales Up at The Home Depot - Modern Distribution Management

Q1 Sales Up at The Home Depot

Home improvement retailer reports 4.4 percent sales growth; cites strong momentum in early Spring.

The Home Depot (NYSE: HD), Atlanta, GA, reported first-quarter sales of $24.9 billion, a 4.4 percent increase compared to the year-ago period. Profit rose 19 percent to $2.4 billion.

The company reported solid results in all markets and categories, and pointed to strong momentum across the business during the first weeks of May.

 

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