(The Home Depot) Home Depot Inc. announced an 11% increase in net earnings to $4.8 billion in the second quarter of 2021, compared to the same period last year.
The home improvement retailer had $8.9 billion net earnings in the first half-year, an equivalent of 36.1% increase compared to the same period last year.
The Home Depot’s net revenue increased by 8.1% to close at $ 41.1 billion in the three months to August 1, from $38 billion reported in the same period last year.
The retailer’s first half-year revenue increased 17% to $26.4 billion from $22.6 billion in the first half of last year.
The company’s diluted earnings per share were $4.53 in the quarter, compared to $4.02 in the second quarter of 2020.
Diluted EPS in the first half increased 37.2% to $8.38 compared to the same period last year.
Home Depot had 2,298 retail stores in its US and other markets, with over half a million employees.
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