Discontinued — last reported Q1 '24

Products & Services · Net Sales

Major Product Line Hardlines — Net Sales

Home Depot Major Product Line Hardlines — Net Sales increased by 14.8% to $11.46B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $10.93B to $11.46B. Over 2 years (FY 2022 to FY 2024), Major Product Line Hardlines — Net Sales shows relatively stable performance with a -0.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2024
Rolls up toTotal Revenue

How to read this metric

An increase suggests strong demand for home improvement projects and effective inventory management, while a decrease may indicate a slowdown in consumer spending or construction activity.

Detailed definition

This metric represents the total revenue generated from the sale of hardline products, which typically include building...

Peer comparison

Comparable to revenue from 'Home Improvement' or 'Building Materials' segments at major retail competitors like Lowe's or other large-scale hardware distributors.

Metric ID: hd_segment_hardlines_net_sales

Historical Data

13 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$11.96B$13.31B$10.23B$10.23B$11.17B$13.81B$10.46B$10.11B$10.93B$14.11B$10.31B$9.98B$11.46B
QoQ Change+11.3%-23.2%+0.0%+9.1%+23.7%-24.3%-3.3%+8.1%+29.2%-26.9%-3.2%+14.8%
YoY Change-6.6%+3.8%+2.3%-1.2%-2.1%+2.2%-1.4%-1.3%+4.9%
Range$9.98B$14.11B
CAGR-1.4%
Avg YoY Growth+0.1%
Median YoY Growth-1.2%

Frequently Asked Questions

What is Home Depot's major product line hardlines — net sales?
Home Depot (HD) reported major product line hardlines — net sales of $11.46B in Q1 2024.
How has Home Depot's major product line hardlines — net sales changed year-over-year?
Home Depot's major product line hardlines — net sales increased by 4.9% year-over-year, from $10.93B to $11.46B.
What is the long-term trend for Home Depot's major product line hardlines — net sales?
Over 2 years (2022 to 2024), Home Depot's major product line hardlines — net sales has grown at a -0.4% compound annual growth rate (CAGR), from $45.73B to $45.34B.
What does major product line hardlines — net sales mean?
The total revenue earned from selling core home improvement products like tools, hardware, and building materials.