Home Depot Rides Wave of Americans Remodeling Their Homes: Chart

Home Depot Tops Profit Estimates, Raises Forecast

Want a sense of the U.S. home-improvement market? Look no further than the Remodeling Market Index, which is a quarterly survey showing how much work remodelers are getting. While the rating of 54.5 for the first three months of the year was down from the fourth quarter, any reading above 50 represents an increase. That could bode well for Home Depot Inc. when it reports first-quarter results on Tuesday. Consensus estimates expect 4 percent growth in same-store sales.

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