Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Home Depot Reports Record Q2 Sales
Aug 16, 2005
 Printable format
 Email this Article
 Search

Appliance retailer The Home Depot reported second quarter net earnings of U.S. $1.8 billion, or $0.82 per diluted share, up 17.1 percent, for the second quarter of fiscal 2005, compared with $1.5 billion, or $0.70 per diluted share, for the second quarter of fiscal 2004.

Sales for the period increased $2.3 billion, or 11.7 percent to $22.3 billion. Comparable store sales growth was 4.0 percent.

The company affirmed its fiscal 2005 sales growth guidance of 9-12 percent and increased its earnings per share growth guidance from 10-14 percent to 14-17 percent.

The Home Depot's reported that by adding innovative and distinctive merchandise, the company achieved a record second quarter average ticket of $57.54, an increase of 5.1 percent over the prior year.

According to an independent third party, the company's appliance share, on a rolling 12-month basis, increased to 8.8 percent in the second quarter, a new high and 150 basis points above last year.

"Innovation continues to drive our business through introductions like the new Ryobi(R) One+ power tool system, the new line of Ralph Lauren(R) Metallic paints, Ducane(R) gas grills, Hampton Bay(TM) patio furniture and most recently the rollout of LG(R) appliances," said John Costello, executive vice president, Merchandising and Marketing.

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows