Home Depot quarterly sales rise 6.4%
Published Tue, Nov 17, 2015 · 03:30 PM
[BENGALURU] Home Depot Inc, the world's No. 1 home improvement retailer by revenue, reported a 6.4 per cent rise in quarterly net sales, helped by strong demand from professional contractors and builders.
The company's net income rose to US$1.73 billion, or US$1.35 per share, in the third quarter ended Nov 1, from US$1.54 billion, or US$1.15 per share, a year earlier.
Net sales rose to US$21.82 billion from US$20.52 billion.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
P&G raises annual core profit forecast on resilient demand, price hikes
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
Swiss watch exports plunge as China and Hong Kong demand dries up
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO