The Home Depot reported its fourth-quarter and year-end results this morning.
Sales for the fourth quarter reached US$39.7 billion, an increase of 14.1 percent from the fourth quarter of fiscal 2023. Comp sales for the quarter increased 0.8 percent, with comps in the U.S. up 1.3 percent. Q4 net earnings were $3.0 billion, up from US$2.8 billion a year earlier.
Sales for fiscal 2024 were up 4.5 percent to US$159.5 billion. Comp sales for fiscal 2024 decreased 1.8 percent.
