U.S. building materials giant Home Depot third-quarter profit of $ 947 million 2012 November 15, 2010 07:14 Source: China Business Times [recommend a friend] [Print]] [font size medium and small]
    U.S. home building materials giant Home Depot reported a 13 announced by the U.S. real estate market continues to recover promote the company in the third quarter of this year to achieve a profit of $ 947 million, a year-on-year increase of 1.4%, or about $ 0.63 U.S. dollars per share earnings. In the third quarter ended October 28, the Home Depot sales of $ 18.13 billion, a year-on-year growth of 4.6%. Said Frank Blake, chairman and CEO of Home Depot, the season's performance indicates that the market is looking up, and this trend is expected to continue to. The company therefore sales growth this year expected to be raised to 5.2% from 4.6% estimated fiscal 2012 earnings per share of $ 2.92.
    U.S. home sales spawned a massive renovation demand situation for the better this year. In addition, the east coast of the United States by the end of October suffered "Sandy hurricanes reconstruction work to further push up the building materials sales. As of the third quarter, Home Depot operates 2,250 retail stores in the world, with more than 300,000 employees.

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