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1 Surprise Statistic From Home Depot's Earnings Report

TheMotleyFool

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1 Surprise Statistic From Home Depot's Earnings Report: https://g.foolcdn.com/editorial/images/680327/paint-a-room.jpg

Home Depot (NYSE: HD) is still growing its business, even on top of last year's soaring results. The home improvement giant said on Tuesday that revenue and operating earnings in the first quarter (ended May 1) of fiscal 2022 rose despite pressures including rising interest rates and inflation.

Management raised its 2022 forecast to reflect the surprisingly strong results through the end of April. But it was especially impressive to see sales rising despite a huge drop in customer traffic.

Image source: Getty Images.

Source Fool.com

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