The world’s two largest home improvement retailers published second quarter financial results.
The Home Depot, Atlanta, GA, reported second quarter (ending August 1) net sales of $41.1 billion, up 8.1% over the comparable period in 2020. Net quarterly earnings rose 11% from the second quarter in 2020 to $4.8 billion. See The Home Depot
The Lowe’s Companies, Mooresville, NC, announced first quarter (ending July 30) net sales were 1.0% higher than the second quarter 2020 at $27.6 billion. Net earnings of $3.0 billion up 6.7% from the same period last year. See Lowe’s Companies