Home Depot boosted its profits in the second quarter of 2014, sporting an increase of $300 million from the same period last year.
Home Depot boosted its profits in the second quarter of 2014, sporting an increase of $300 million from the same period last year.
Sales for the second quarter were $23.8 billion, a 5.7 percent increase from 2013’s $22.5 billion.
The amount of customer transactions was also up, 409.7 million versus 392.2 million from last year.
"In the second quarter, our spring seasonal business rebounded, and we saw strong performance in the core of the store and across all of our geographies," said Frank Blake, chairman and CEO, in a statement. "I would like to thank our associates for their hard work and dedication, especially at this time of increased demand."