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

The Home Depot — Head-in-the-Suburbs-Flickr-CC-BY-2.0

Published August 17, 2021 4:31 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.

Article Topic Follows: AP National Business

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