Categories AlphaGraphs, Earnings, Retail

A visual representation of Home Depot (HD) Q1 2020 earnings results

The Home Depot (NYSE: HD) reported sales of $28.3 billion for the first quarter of 2020, up 7.1% from the year-ago period. Comparable sales rose 6.4%, and comparable sales in the US rose 7.5%.

Home Depot reports Q1 2020 earnings results

Net income was $2.2 billion, or $2.08 per share, compared to $2.5 billion, or $2.27 per share, last year.

Due to the uncertainty surrounding the COVID-19 pandemic, the company is suspending its fiscal 2020 guidance.

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Also Read:  FedEx (FDX) beats Q1 FY21 targets; stock rises

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