Double-digit growth for Home Depot

Home Depot completed the first quarter of the current business year with a sales increase of 11.7 per cent to US $ 22.31 bn (€ 18.16 bn). Growth came to 4 per cent in like-for-like terms when compared with the same period last year. Net earnings rose by 14.4 per cent to US $ 1.77 bn (€ 1.44 bn). The average transaction has increased by 5.1 per cent to US $ 57.54 (€ 46.83). The network now totals 1 940 following the opening of 44 new stores. Home Depot records sales growth of 10.0 per cent to US $ 41.28 bn (€ 34.41 bn) for the first half-year, and a 14.1 per cent increase in net earnings to US $ 3.02 bn (€ 2.46 bn).