The Home Depot on Aug. 16 reported 2022 second-quarter sales of $43.8 billion, a 6.5% increase over the same quarter last year.
Comparable sales for 2Q of fiscal 2022 increased 5.8%, and comparable sales in the U.S. increased 5.4%, the company said.
Net earnings for 2Q were $5.2 billion, or $5.05 per diluted share, compared with net earnings of $4.8 billion, or $4.53 per diluted share, in the same period of fiscal 2021. That represents an 11.5% increase in diluted earnings per share, The Home Depot said.
“In the second quarter, we delivered the highest quarterly sales and earnings in our company’s history,” said Ted Decker, CEO and president. “Our performance reflects continued strength in demand for home improvement projects. Our team has done a fantastic job serving our customers, while continuing to navigate a challenging and dynamic environment. I would like to thank them and our many partners for their hard work and dedication to our customers.”