Home Depot Says U.S. Housing Recovery Remains on Track

Lock
This article is for subscribers only.

Home Depot Inc. says the U.S. housing recovery is just fine.

The nation’s largest home-improvement retailer blamed lackluster first-quarter revenue on the harsh winter -- not a slowdown in the housing market -- and said sales this month have rebounded as it recoups garden and other spring purchases delayed by record snow and cold temperatures.