Home Depot quarterly sales rise 5.7 pct – Yahoo Finance
Blake will remain chairman of the board. Menear joined Home Depot in 1997. “Craig has taken on increasing leadership responsibility over the last several years and has excelled in all his roles,” Blake said. Home Depot’s stock slipped 0.2% in after-hours trade. Through Thursday, the Dow industrials component had gained 11% year-to-date to close at an all-time high, while the S&P 500 rose 7.8%. Copyright 2014 MarketWatch, Inc. McDonald’s U.S.
Home Depot’s net income rose to $2.05 billion, or $1.52 per share, in the second quarter ended Aug. 3 from $1.79 billion, or $1.24 per share, a year earlier. Revenue rose to $23.81 billion from $22.52 billion. Comparable store sales increased 5.8 percent, while U.S. same-store sales rose 6.4 percent. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Kirti Pandey) Company Earnings