Kitchens and gardens shine at Home Depot
Atlanta-based Home Depot's fourth quarter saw positive comp-store sales for the fifth straight period. Kitchens and gardens were among the highest-performing categories.
According to Home Depot's Craig Menear, executive VP merchandising, the departments that outperformed the company average were kitchens, outdoor garden, indoor garden, electrical and tools.
Comparable-store sales for the company increased 3.9% for the three months ended Jan. 30. For stores in the United States, comp sales were positive 4.8%.
During the company's fourth-quarter earnings call, Menear also said heavy snow and ice in January led to double-digit positive comps in power snow removal equipment, chemicals and snow tool categories.