Home Depot Closes 2015 with Sales up 9.5% in Q4

Atlanta, GA, February 23, 2016—The Home Depot reported sales of $21.0 billion for the fourth quarter of fiscal 2015, a 9.5% increase from the fourth quarter of fiscal 2014. Comparable store sales for the fourth quarter of fiscal 2015 were positive 7.1%, and comp sales for U.S. stores were positive 8.9%.

Net earnings for the fourth quarter of fiscal 2015 were $1.5 billion, or $1.17 per diluted share, compared with net earnings of $1.4 billion, or $1.05 per diluted share, in the same period of fiscal 2014. For the fourth quarter of fiscal 2015, diluted earnings per share increased 11.4% from the same period in the prior year.

Sales for fiscal 2015 were $88.5 billion, an increase of 6.4% from fiscal 2014. Total company comparable store sales for fiscal 2015 increased 5.6%, and comp sales for U.S. stores were positive 7.1% for the year.

Earnings per diluted share in fiscal 2015 were $5.46, compared to $4.71 per diluted share in fiscal 2014, an increase of 15.9%.

Fiscal 2015 results include a pretax net expense of $128 million, or $0.06 per diluted share, related to the Company’s 2014 data breach, of which $9 million, or $0.00 per diluted share, was recognized in the fourth quarter.