8/16/2022, 12:03 PM (Source: TeleTrader)
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Home Depot Q2 sales up 6.5% to $43.8 billion

Home Depot Inc. announced on Tuesday that its net sales in the second quarter of 2022 increased on a yearly basis by $2.7 billion, which is 6.5% higher than this time last year. The sales amount to $43.8 billion for the second quarter of fiscal 2022. The diluted income per share rose 11.5% on a year-to-year basis to $5.05, with the net earnings standing at $5.2 billion.

"Our performance reflects continued strength in demand for home improvement projects. Our team has done a fantastic job serving our customers while continuing to navigate a challenging and dynamic environment. I would like to thank them and our many partners for their hard work and dedication to our customers," said Home Depot CEO and President Ted Decker.

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