Home Depot (NYSE:HD) Reports Q1 Sales Rise to US$39,856 Million Despite Lower Net Income
Home Depot (NYSE:HD) reported a solid increase in first-quarter sales, reaching USD 39,856 million, though net income and earnings per share slipped slightly. In the past month, shares rose by 6.85%, despite the company's slight miss in profit estimates. The increase aligns with the broader market trends, where the S&P 500 experienced consecutive gains. Home Depot's termination of a $2.0 billion revolving credit facility and arrangement of new $7.0 billion credit agreements likely added...