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Home Depot's sales are lifted by customers who focused on smaller projects over the summer
Home Depot reported improved sales for the second quarter, reaching $47.86 billion as customers focused on smaller projects. The company's strong quarterly performance was highlighted by a 1.3% rise in U.S. comparable store sales and an earnings per share of $4.92, exceeding Wall Street predictions. This solid result comes despite pressure from the housing market slump due to climbing mortgage rates.
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- Home Depot's sales are lifted by customers who focused on smaller projects over the summer
- Home Depot’s sales are lifted by customers who focused on smaller projects over the summer
- Home Depot says core shopper is resilient in the face of higher gas prices, sales rise 5%
- Home Depot profit falls, but tops expectations in the face of economic uncertainty
- Home Depot Sales Fall Short as Shoppers Defer Projects
- Home Depot’s stock rises as the full-year outlook was kept intact, a relief for worried investors