Revenue for a major retailer increased to $47.86 billion, surpassing expectations. This rise was driven by customers undertaking smaller projects. Sales at existing stores globally saw a 1.7% increase, while US stores experienced a 1.3% rise.

The amount spent by shoppers per transaction also went up. However, the total number of customer transactions decreased slightly.

Further information on the company's performance is available, including comments from its Chief Financial Officer regarding the quarterly results and customer behavior.