Tuesday, August 16, 2016

Home Depot Q2 Profit Rises, Meets Estimates; Lifts FY16 EPS View Below Market

Home Depot Inc., the world's largest home improvement retailer, reported Tuesday higher profit in its second quarter with increased net sales and comparable store sales. Earnings per share came in line with analysts' estimates. Further, the company lifted fiscal 2016 earnings forecast, but below market estimates. The company backed sales growth view.

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