follow us

Home Depot Raises Guidance on Strong 2Q

The Home Depot boosted its fiscal year guidance after reporting a 19.4% jump in earnings per share for the second quarter.
     EPS was 86 cents, with net earnings of $1.4 billion. Sales rose 4.2% to $20.2 billion, and comps increased 3.5%.
     "Our second-quarter results were driven by a rebound in our seasonal business, storm-related repairs and strength in our core categories," said Frank Blake, chairman and ceo. Home Depot now expects fiscal year EPS from continuing operations to be up approximately 16% to $2.34.

Featured Video

  • Online Moves From Afterthought To Main Thought For Textiles Suppliers

    Camera Icon More Videos

Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Furniture Today