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From an operational standpoint, Home Depot (NYSE: HD) has been dealing with a difficult environment for the past few years. Same-store sales have declined consistently since the end of 2022.
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The acquisition of Interline Brands allows The Home Depot access to expand its business to the multi-family sector, hospitality, and industrial area. Craig Menear, CEO of The Home Depot, says that the purchase gives The Home Depot more opportunity to expand in the maintenance, repair, and operations sector that was previously not successful.
Here's what Home Depot reported, compared to Wall Street estimates, according to Bloomberg consensus: Revenue: $36.42 billion versus $36.66 billion Adjusted earnings per share: $3.63 versus $3.60
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For more than two decades, Madison Vaughan has built a sweet relationship with her longtime mailman, Tim, highlighting the importance of community