The world’s two largest home improvement retailers published third quarter financial results.
The Home Depot, Atlanta, GA, reported third quarter (ending October 31) net sales of $36.8 billion, up 9.8% over the comparable period in 2020. Net quarterly earnings rose 20.3% from the third quarter in 2020 to $4.1 billion. See The Home Depot
The Lowe’s Companies, Mooresville, NC, announced first quarter (ending October 29) net sales were 2.2% higher than the third quarter 2020 at $22.9 billion. Net earnings of $1.9 billion soared 174.5% from the same period last year. See Lowe’s Companies