Home Depot improves earnings

ATLANTA -- The Home Depot reported net earnings for its second fiscal quarter of $1.8 billion, up 17.1 percent.

Sales jumped 11.7 percent to $22.3 billion. Comp-stores sales improved 4 percent.

The company affirmed its fiscal 2005 sales growth guidance of between 9 and 12 percent, and increased its earnings per share growth guidance from between 10 and 14 percent to between 14 and 17 percent.

Home & Textiles Today Staff | News & Commentary

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