Products, Vendors, CAD Files, Spec Sheets and More...
Sign up for LAWeekly newsletter
ATLANTA ?EUR??,,????'??+ The Home Depot today reported fourth quarter net earnings of $925 million, compared with $1.3 billion in the same period in fiscal 2005.
For the fourth quarter of fiscal 2006, sales totaled $20.3 billion, a four percent increase from the fourth quarter of fiscal 2005. Total sales in the retail segment declined two percent to $17.4 billion, and comparable store sales declined 6.6 percent in the fourth quarter. Total sales in the HD Supply segment grew by 64.4 percent to $2.9 billion, reflecting sales from acquired businesses.
For fiscal 2006, net sales were $90.8 billion, an 11.4 percent increase over fiscal 2005. Fiscal 2006 net sales in the retail segment were $79 billion, an increase of $2 billion, or 2.6 percent above fiscal 2005, driven by new stores. Comparable store sales for the year declined 2.8 percent. Fiscal 2006 net sales in the HD Supply segment were $12.1 billion, an increase of $7.5 billion, or 161.6 percent above fiscal 2005, driven by solid organic growth and sales from acquired businesses.
?EUR??,,????'??Reflecting the challenging housing market, our 2006 retail results were disappointing,?EUR??,,????'?? said Frank Blake, chairman & CEO. ?EUR??,,????'??We may not be able to impact the housing market or general economic conditions, but we know that we can improve our performance relative to our overall market share. That will be a central point of emphasis for us in 2007 and beyond.?EUR??,,????'??
At the end of the fourth quarter, the company operated a total of 2,147 retail stores, which included 1,872 The Home Depot stores in the United States, 155 stores in Canada, 61 stores in Mexico, and 12 stores in China. The Company also operates 34 EXPO Design Center locations, 11 The Home Depot Landscape Supply stores, and two The Home Depot Floor Stores.
Francisco Uviña, University of New Mexico
Hardscape Oasis in Litchfield Park
Ash Nochian, Ph.D. Landscape Architect
November 12th, 2025
Sign up to receive Landscape Architect and Specifier News Magazine, LA Weekly and More...
Invalid Verification Code
Please enter the Verification Code below
You are now subcribed to LASN. You can also search and download CAD files and spec sheets from LADetails.