Atlanta-based The Home Depot reported first-quarter sales of $22.8 billion during what CEO Craig Menear described as a “stronger than expected start to the year.”
Comp-store sales for the quarter were up 6.5% – with comps for the U.S. stores up 7.4%.
Net earnings for the three months ended May 1 were $1.8 billion, up 14.2% compared with net earnings of $1.6 billion in the same quarter last year.