Home Depot Earnings Review: Strong Q1 Results Even As U.S. Economy Slackens

Sales for the retailer were recorded at $20.90 billion, beating analyst expectations of $20.82 billion, to grow 6.1% on a year-on-year basis. Comps in the quarter also grew 6.1%, with U.S. stores reporting 7.1% growth. These results were reported even in the face of slackness in the U.S. economy, harsh winter weather, and difficult trading conditions on the West Coast.