Skip to Content
AP National Business

Home Depot overcomes slow start to year, rising home prices

KVIA
By
Published 4:31 AM

By MICHELLE CHAPMAN
AP Business Writer

Home Depot’s fiscal first-quarter sales improved even as the chain faced a slower start to spring, and it raised its full-year guidance. The home improvement company’s revenue increased about 4% to $38.91 billion. That topped the $36.49 billion that analysts surveyed by Zacks expected. CEO and President Ted Decker said in a statement on Monday that the performance was the highest first quarter sales in company history. Sales at stores open at least a year, a key indicator of a retailer’s health, climbed 2.2%. The figure rose 1.7% in the U.S.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content