Home Depot's Net Sales Rose 9% YOY in Q1

Atlanta, GA, May 17, 2016—The Home Depot has reported sales of $22.8 billion for the first quarter of fiscal 2016, a 9.0% increase from the first quarter of fiscal 2015, when sales were $20.9 billion.

In Q4 2015, sales were $21 billion.  

Net earnings for the first quarter of fiscal 2016 were $1.8 billion, or $1.44 per diluted share, compared with net earnings of $1.6 billion, or $1.21 per diluted share, in the same period of fiscal 2015.