Home Depot Increased Sales & Earnings in Q4
Atlanta, GA, February 20, 2018-The Home Depot has reported sales of $23.9 billion for the fourth quarter of fiscal 2017, a 7.5% increase from the fourth quarter of fiscal 2016’s $22.2 billion.
Comparable store sales for the fourth quarter of fiscal 2017 were positive 7.5%, and comp sales for U.S. stores were positive 7.2%.
Net earnings for the fourth quarter of fiscal 2017 were $1.8 billion, compared with net earnings of $1.7 billion in the same period of fiscal 2016.
Sales for fiscal 2017 were $100.9 billion, an increase of 6.7% from fiscal 2016’s $94.6 billion. Total company comparable store sales for fiscal 2017 increased 6.8%, and comp sales for U.S. stores were positive 6.9% for the year.