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AP National Business

Home Depot sales climb again, but DIY frenzy may be cooling

KTVZ
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Published 4:08 AM

By MICHELLE CHAPMAN
AP Business Writer

Home Depot’s sales continued to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly. For the three months ended August 1, sales climbed to $41.12 billion from $38.05 billion. Chairman and CEO Craig Menear said in a statement on Tuesday that this was the first time in its history that the chain surpassed sales of more than $40 billion in a quarter.

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