Home Depot Profit, Sales Rise

Atlanta, GA, Aug. 19, 2014 -- Home Depot said its second quarter net income increased to $2.05 billion, or $1.52 per share, from $1.8 billion, or $1.24 per share, in the same quarter last year.

The home-improvement chain said sales rose nearly 6% to $23.81 billion from $22.52 billion in the same quarter last year.

Same-store sales rose 5.8% over the same quarter last year.