Retail giant Home Depot saw a nearly 5% increase in sales as of the end of the second quarter of this year, compared with its second quarter 2024 numbers.
The Atlanta-based company, which has more than 2,350 stores nationally, said its sales at the end of this year’s second quarter came in at $45.3 billion. That figure is up by $2.1 billion over last year.
In an earnings statement that also reported the opening of 13 new stores, chief executive officer Ted Decker remarked that the second quarter figures were “in line with our expectations.”
Continued Decker: “The momentum that began in the back half of last year continued through the first half as customers engaged more broadly in smaller home improvement projects.”
Founded in 1978, Home Depot is known for the wide variety of construction materials, tools, and appliances that it offers in stores that on average measure around 104,000 square feet.
Its steady total store count in the last two decades jumped from just under 1,900 in 2005 to around 2,200 ten years later.
For all the latest quarter growth, Home Depot has been challenged by factors beyond its control, says the Wall Street Journal, noting that “economic uncertainty and high interest rates are leading customers to delay large home-remodeling projects.”
One positive sign for the company, notes the publication Barron’s, is its lack of reliance on foreign imports. “Roughly half of Home Depot’s merchandise is sourced from the U.S. and won’t be subject to import costs.”
August 22, 2025
By Garry Boulard
