Outstanding results

18.11.2004

Home Depot announces sales up by 13 per cent and a 15 per cent increase in net earnings for the third quarter

Home Depot has completed the third quarter with sales increased by 13.1 per cent over the same period last year to US $ 18.772 bn (€ 14.445 bn). Growth of comparable store sales came to 4.5 per cent. Net earnings in this period went up by 14.8 per cent to US $ 1.317 bn (€ 1.013 bn). Sales achieved in the services business rose by 26 per cent to US $ 957 mio (€ 736.25 mio), and the average store spend increased by 6.6 per cent to US $ 55.53 (€ 41.182). For the first nine months the company reports a sales increase of 13.3 per cent to US $ 56.282 bn (€ 43.307 bn). Earnings grew by 18.1 per cent to US $ 3.960 bn (€ 3.047 bn) over the same period.
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