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%.
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.
Leading stock indexes retreated after gaining mid-week when Wall Street biggies like Apple and Amazon reported impressive quarterly numbers. The Dow Jones Industrial Average was down 190 early Friday, while
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