Home Depot's best income

Home Depot, the world's biggest DIY retailer, posted record earnings for the first quarter of US$1.1 billion (£622.5 million). Sales rose 16 per cent to US$17.6 billion (£9.96 billion). Global number two, Lowe's, revealed income of US$455 million (£257.5 million) on sales up 22 per cent to US$8.68 billion (£4.91 billion).