Home Depot Reports Q3 Profit of $2.16 Billion

Home Depot (Atlanta) reported a third quarter profit of $2.16 billion, a 9.6 percent increase compared with its profit of $1.97 billion in the third quarter of 2016.

Sales for the quarter were $25.03 billion, an 8.1 percent increase from sales of $23.15 billion in the third quarter of 2016. Comparable store sales increased 7.9 percent.

“Though this quarter was marked by an unprecedented number of natural disasters, including multiple hurricanes, wildfires in the West, and earthquakes in Mexico, the underlying health of our core business remains solid,” said Craig Menear, chairman, CEO and president, in a statement. “I am proud of our team and suppliers for their extraordinary efforts to support those in the path of the various natural disasters throughout the quarter. Our support of the impacted communities continues.”

Page 1 of 854
Next Page
Resource Book
Looking for a specific product or a company? Wood Floor Business has the only comprehensive database of the industry.
Learn More
Resource Book
Podcasts
All Things Wood Floor, created by Wood Floor Business magazine, talks to interesting wood flooring pros to share knowledge, stories and tips on everything to do with wood flooring, from installation, sanding and finishing to business management.
Learn More
Podcasts