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Home Improvement Retailers Report Quarterly Financial Results

The world’s two largest home improvement retailers reported third quarter results.

The Home Depot, Atlanta, GA, reported third quarter sales of $26.3 billion, up 5.1% from the same quarter in 2017. Third quarter net earnings were $2.9 billion, up from $2.2 billion in the year-ago period.  See The Home Depot

Lowe’s, Mooresville, NC, announced third quarter (ending November 2) net earnings of $629 million compared to net earnings of $872 million.  Third quarter sales rose 3.8% from the year-ago period to $17.4.  See Lowe’s

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