Home Depot sales nearly triple since 2010

Home Depot, the world's largest operator of home improvement stores, increased its sales by 171.1 per cent between 2010 and 2021, according to an analysis by DIY International. In local dollar terms, this corresponds to more than a doubling or almost a tripling within eleven years. Sales rose particularly sharply in the years of the coronavirus pandemic in 2020 and 2021. In 2020, for example, it went up by a staggering 19.9 per cent and in 2021 again by 14.4 per cent. On average over the last eleven years, the American group thus gained around 9.5 per cent each year. Between 2010 and 2019, i.e. before the outbreak of Covid-19, the growth in turnover was 62.1 per cent. At the end of the last financial year 2021, turnover was USD 151.16 bn or approximately EUR 133.28 bn.