Saturday, July 26, 2014





Home Depot 2Q profit rises on better US sales


February 16. 2013 4:14PM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) Better sales in the U.S. and healthy demand for core products helped Home Depot's net income rise 13 percent in its fiscal second quarter.


The world's biggest home-improvement retailer also boosted its 2012 earnings outlook Tuesday, citing its performance so far this year.


For the quarter that ended July 29, Home Depot Inc. earned $1.53 billion, or $1.01 per share. A year earlier it earned $1.36 billion, or 87 cents per share.


The latest results topped the 97 cents per share analysts expected.


Revenue climbed to $20.57 billion from $20.23 billion, up 2 percent. Wall Street expected higher revenue of $20.74 billion.


Home Depot, based in Atlanta, runs more than 2,200 stores in the U.S. and around the world. Its smaller rival Lowe's Cos. reports its earnings Monday.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds