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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.
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Home Depot only called out one department as having positive comps, which was plumbing. The home improvement retailer's overall sales edged up by 0.6% to $43.2 billion. Adjusted earnings per share ...