Nothing But Praise for Home Depot (HD) at UBS

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The Home Depot Announces Second Quarter Results; Raises Fiscal Year 2015 Guidance

August 18, 2015 6:00 AM EDT

ATLANTA, Aug. 18, 2015 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $24.8 billion for the second quarter of fiscal 2015, a 4.3 percent increase from the second quarter of fiscal 2014. Comparable store sales for the second quarter of fiscal 2015 were positive 4.2 percent, and comp sales for U.S. stores were positive 5.7 percent.

Net earnings for the second quarter of fiscal 2015 were $2.2 billion, or $1.73 per diluted share, compared with net earnings of $2.1 billion, or $1.52 per diluted share, in the same period of fiscal... More