Home Improvement Retailers Post Strong Results

The world’s two largest home improvement retailers published fourth quarter 2021 financial results.

The Home Depot, Atlanta, GA, reported fourth quarter net sales of $35.7. billion, up 10.7% over the comparable period in 2020.  Net quarterly earnings rose 17.3% from the fourth quarter in 2020 to $3.4 billion.  Annual net earnings for 2021 grew 27.7% to $16.4 billion over 2020.  See The Home Depot

The Lowe’s Companies, Mooresville, NC, announced first quarter (ended January 28, 2022) net sales were 5.0% higher than the fourth quarter 2020 at $21.3 billion.  Net earnings of $1.2 billion jumped 23.3% from the same period last year.  See Lowe’s Companies

Scroll to Top