Tuesday, February 20, 2018

Home Depot 4Q profit rides strong home improvement market

FILE - In this Feb. 23, 2015, file photo, Prince Addy of Manassas, Va., straightens up the shelves of roofing products at the Home Depot in Falls Church, Va. Home Depot a reports financial results Tuesday, Feb. 20, 2018. (AP Photo/Susan Walsh, File)
            A strong home-improvement market pushed Home Depot's profit higher in the fourth quarter, topping expectations.

Revenue rose 7.5 percent to $23.88 billion on an increase in customers at existing stores. Same-store sales, a key measure of a retailer's health, increased 7.5 percent.. . . more

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