ATLANTA ― Home Depot reported stronger growth than anticipated in same-store sales, aided by the housing recovery in the U.S. Same-store sales were up by 4.2%, compared with an average estimate of just 3.5%. High demand for indoor wares made up for lower demand in the outdoor category. Net income increased by approximately 9%, and net sales by 4.3%.
Housing recovery boosts Home Depot in Q2
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