The Home Depot’s sales for the fourth quarter of 2024 were $39.7 billion, an increase of $4.9 billion, or 14.1% from the fourth quarter of 2023.
Net earnings for the fourth quarter of 2024 were $3.0 billion, compared with net earnings of $2.8 billion in the fourth quarter of 2023.
“Our fourth quarter results exceeded our expectations as we saw greater engagement in home improvement spend, despite ongoing pressure on large remodeling projects,” CEO Ted Decker said in a statement. “Throughout the year, we remained steadfast in our investments across our strategic initiatives to position ourselves for continued success, despite uncertain macroeconomic conditions and a higher interest rate environment that impacted home improvement demand.”
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