Atlanta - The Home Depot reported higher net earnings and
sales in its fiscal third quarter
Net earnings were $934 million, compared with net earnings
of $834 million in the same period of fiscal 2010. Sales for the third quarter
totaled $17.3 billion, a 4.4 percent increase from the third quarter of fiscal
Comp-store sales for the third quarter of fiscal 2011 were
positive 4.2 percent, and comp sales for U.S. stores were positive 3.8 percent.
"Our third quarter was driven by strength in our core categories
and storm-related sales as well as strong operating performance," said Frank
Blake, chairman and CEO.
Atlanta - The Home Depot reported higher net earnings and sales in its fiscal third quarter