Read as much as you want on, anywhere and anytime, for just 99¢.

Patriots Live



2nd Qtr 2:00 1st & 10, Own 31

Market Movers

Home Depot’s profit surges 14 percent

Continue reading below

Home Depot’s quarterly net income surged 14 percent to $2.05 billion., thanks to a rebound in spring sales. Revenue climbed nearly 6 percent to $23.81 billion, beating Wall Street’s forecast. Sales at stores open at least a year, a key gauge, rose 5.8 percent; online sales gained more than 38 percent. For home-improvement retailers, spring is the biggest season. Home Depot now foresees fiscal 2014 earnings of $4.52 per share, up from a prior forecast of $4.42.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of