business / news / / The Atlanta Journal-Constitution
The home improvement giant reported net sales of nearly $41.8 billion in the first quarter, up 4.8% from the same period last year.
Home Depot reported first quarter net sales of nearly $41.8 billion, up 4.8% year-over-year.
KEY POINTS
- Despite higher sales, Home Depot's first quarter profits declined compared to last year.
- Outdoor categories like grills and patio equipment saw the largest sales lifts this quarter.
- Housing affordability and economic uncertainty continue to pressure Home Depot's consumer demand.
COMPANIES
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