Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6535
    +0.0012 (+0.18%)
     
  • OIL

    83.66
    +0.09 (+0.11%)
     
  • GOLD

    2,349.60
    +7.10 (+0.30%)
     
  • Bitcoin AUD

    96,248.26
    -1,924.59 (-1.96%)
     
  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     
  • AUD/EUR

    0.6108
    +0.0035 (+0.57%)
     
  • AUD/NZD

    1.0994
    +0.0037 (+0.33%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,718.30
    +287.79 (+1.65%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • Dow Jones

    38,239.66
    +153.86 (+0.40%)
     
  • DAX

    18,161.01
    +243.73 (+1.36%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Why Home Depot’s Revenue Growth Beat Lowe’s in 4Q17

Why Home Depot’s Revenue Growth Beat Lowe’s in 4Q17

Can Home Depot and Lowe’s Maintain Their Momentum in 2018? In 4Q17, Home Depot (HD) posted revenue of $23.9 billion, which represents a growth of 7.6% from $22.2 billion in 4Q16. Home Depot’s revenue growth was driven by positive SSSG (same-store sales growth) and the addition of new stores in the last four quarters. The company posted SSSG of 7.5% in 4Q17, which we’ll look at in detail in the next part of this series.