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00:02Home Depot reported fiscal second quarter earnings and revenue that beat Wall Street expectations
00:08and reaffirmed its full year guidance, according to CNBC. The retailer reported adjusted earnings
00:14of $4.92 per share on revenue of $47.86 billion, beating expectations. Comparable sales rose 1.7%,
00:25marking the company's strongest comparable sales growth since the third quarter of 2022.
00:31CFO Richard McPhail cited continued uncertainty in frozen housing market conditions
00:36and consumer hesitation around larger projects. The company expects total sales growth of 2.5%
00:42to 4.5%. For all things money, visit Benzinga.com.
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