Home Depot said net income was $710 million, or 30 cents per share, up from $465 million, or 20 cents per share, in the same period of 2000.
Analysts surveyed by Thomson Financial/First Call had expected Home Depot to earn 28 cents per share.
The Atlanta-based company said sales rose 29 percent to $13.5 billion, helped by a 14th week in the fourth-quarter, which ended this month.
The extra week added $880 million in sales, or about three cents per share.
Home Depot, the world's largest home-improvement retailer, said customer transactions topped $1 billion for the first time during its 2000 fiscal year.
For the full year, net income was a record $3 billion, or $1.29 cents per share, up 15 percent from $2.6 billion billion in the 2000 fiscal year. Revenue was $53.6 billion in 2000, up 17 percent, although sales at stores open at least a year were flat.
http://accesswdun.com/article/2002/2/198248