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Aug 02, 2020
Home Depot Q2 2020 Earnings Report
Home Depot's Q2 2020 sales increased by 23.4%, with comparable sales also up by 23.4%, and net earnings reached $4.3 billion.
Key Takeaways
Home Depot reported strong second-quarter results with a 23.4% increase in sales, driven by comparable sales growth of 23.4%. Net earnings for the quarter were $4.3 billion, or $4.02 per diluted share.
Sales increased by 23.4% compared to the second quarter of fiscal 2019.
Comparable sales were positive 23.4% for the second quarter of fiscal 2020.
Net earnings reached $4.3 billion, or $4.02 per diluted share.
The company invested approximately $480 million in additional benefits for associates during the quarter.
Revenue by Geographic Location
Forward Guidance
The Home Depot did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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