Home Depot piggybacks off housing recovery

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Hub On Campus Orlando - Now Open The Home Depot, Inc. HD reported solid earnings. experience and driving productivity seems to be paying off. Further, the company continued to reap benefits of a steady housing-market recovery and. Given the very slight fall-off. the recovery has been proceeding at a slower pace than previous recoveries.

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Home Depot (hd), the No. 1 U.S. home improvement chain, reported better-than-expected quarterly sales, helped by a rise in demand amid an improvement in the housing market. Shares of the company.

In a January research note, Deutsche Bank economists dubbed 2013 the “Year Of The House,” and their optimistic view on the U.S. housing recovery should have come. recognized in the retail space too.

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The Home Depot Inc. HD has been a strong performer. It also continues to reap the benefits of a steady housing market recovery and strong customer demand. The company has witnessed an upsurge in.

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Continued recovery in housing demand helped home Depot’s earnings beat Wall Street’s expectations Tuesday, despite weather challenges in some parts of the country that affected some sales.

There was no shortage of reasons for investors to worry before Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) gave results recently. The slowdown in the housing market in the second half of 2013 had.

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 · Construction workers Roberto Lopez and Ron Ramirez live in the Community of Grace homeless encampment near Home Depot in the Fruitvale District. They run a kitchen at the site to feed their fellow community members. Photo by Zack Haber..

A retreat in the housing market is coming. which gives investors just a hint of the incredible recovery that Home Depot has enjoyed since the business bottomed out in 2008. Revenue recently crossed.

Home Depot’s second-quarter profit beat estimates, prompting the home improvement chain to raise its 2013 fiscal outlook.. home depot piggybacks off housing recovery. Home Depot on Tuesday reported better-than-expected first-quarter earnings and raised full-year guidance as the company benefits from the robust housing recovery. The No. 1 home.