News | Like-for-like up 5.2 per cent

Back

Home Depot increases sales by 7.2 per cent in 2018/2019

Home Depot operates nearly 2 300 stores.

Home Depot operates nearly 2 300 stores.

Global DIY market leader Home Depot has closed financial year 2018/2019 (ending 3 February 2019) with sales of USD 108.203 bn and thus with a plus of 7.2 per cent. Like-for-like sales rose overall by 5.2 per cent and on the US home market by 5.4 per cent. For the current financial year the management foresees an overall increase of 3.3 per cent and on a like-for-like basis of 5.0 per cent. The branch network is expected to grow by five locations. Home Depot had 2 287 stores on the reporting date.

In financial year 2018/2019 Home Depot also increased its average receipt amount, namely by 4.2 per cent to USD 65.74. Sales per square foot rose by 7.2 per cent to USD 446.86.

|28 February 2019


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Clas Ohlson increases sales by four per cent

The Swedish home improvement retailer Clas Ohlson reported sales of SEK 2.044 bn (EUR 191 mio) in the first quarter of its fiscal 2019/2020, thus View news...

Home Pro growth rate recovers

After a poor start to the year, the Thai DIY chain Home Pro saw its growth rate rise again in the second quarter. Sales income increased compared View news...

Wesfarmers acquires online retailer Catch Group

The Wesfarmers Group in Australia, which also includes DIY market leader Bunnings, has acquired the online retailer Catch Group. This company View news...

Travis Perkins decides to demerge Wickes

Another change has been announced in the British DIY market. Wickes, the number two in the market, is to be separated off from the Travis Perkins View news...