The Home Depot, Inc. (NYSE:HD) Reports 1Q18 Profit Up 25%; Beats Street View

The Home Depot

The Home Depot, Inc. (NYSE:HD) revealed net income for the first quarter of $ 2.40 billion or $ 2.08 per share, compared to income of $ 2.01 billion or $ 1.67 per share, in the year-ago period.

Headquartered in Atlanta, Georgia, the company disclosed, net sales that reached $ 24.95 billion, rose 4% from $ 23.89 billion a year ago.

The consensus estimates from Thomson Reuters are income of $ 2.06 per share from $ 25.22 billion in revenue.

Craig Menear, chairman, CEO and president, said: Outside of our seasonal business, we had solid results in all markets and categories and are seeing strong momentum in all lines of business during these first few weeks of May.

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