Home Depot weathers supply chain woes

Home Depot this week reported that comp sales were up 6.1 percent. In the U.S. they grew by 5.5 percent while Canadian stores also posted positive comps. That growth was in spite of supply chain challenges. “We improved our in-stock levels in the back half of last year, and we’ve been able to sustain, and in some cases improve, our levels even as home improvement demand remains elevated,” president and COO Ted Decker said on a call to analysts.