Home Depot: sales up

Home Depot, the leading global home improvement retailer, completed the second quarter (to 29 July 2012) with sales up by 1.7 per cent on the comparable period last year for a total of US $ 20.570 bn. Because its retail area rose by only 0.4 per cent, the chain achieved a comparable sales increase of 2.1 per cent overall and 2.6 per cent in the USA. Net revenue saw an increase of 12.4 per cent to US $ 1.532 bn.Sales in the first six months as a whole added up to US $ 38.378 bn, which amounts to 3.6 per cent more than in the same period last year.