Consumer
Home Depot Sees Key Sales Metric Turning Positive, Lifting Stock
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Home Depot Inc. expects a key sales metric to return to growth this year, though the retailer cautioned that housing demand won’t change significantly in the near term.
The world’s biggest home improvement retailer said Tuesday comparable sales will rise 1% in the fiscal year through January 2026. That compares with the 1.65% average prediction among Wall Street analysts.