Sales Rose 7.1% for Home Depot in Q1, Earnings Decreased

Atlanta, GA, May 19, 2020-The Home Depot has reported sales of $28.3 billion for Q1 2020, a 7.1% increase from Q1 2019. Comparable sales for Q1 2020 were positive 6.4%, and comparable sales in the U.S. were positive 7.5%.

Net earnings for Q1 2020 were $2.2 billion, compared with net earnings of $2.5 billion in Q1 2019, a decline of 12%.