Reported from Home Depot, the profit in third quarter 2015 increased to $1.7 billion, 13 percent above the $1.5 billion profit recorded during the same period in 2014.
Net sales increased 6.4 percent year-over-year to $21.8 billion during the quarter, and comparable sales increased 5.1 percent.
Flooring sales were below the company’s average, Home Depot EVP of Merchandising Ted Decker told investors during a webcast. Specific numbers were not released.
Flooring tools, however, had sales above the company average, he said.