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Home Depot’s omnichannel strategy drives sales growth

November 18, 2016

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The Home Depot Inc. continues to see double-digit increases in its online sales.

Online sales grew over 17% for the quarter compared with a year earlier and represented 5.6% of overall sales compared with 5.1% in Q3 2015, CEO Craig Menear said during Home Depot’s fiscal third quarter earnings call with analysts on Tuesday.

Home Depot does not break out e-commerce numbers, but based on total sales, online sales were $1.30 billion in Q3, up 17.1% from $1.11 billion in fiscal Q3 2015.

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