Home Depot Earnings Miss, Guidance Remains intact
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Why Home Depot Stock Is Volatile Today
70% Informative
Shares of Home Depot traded up as much as 3% early in the day , but were down 1% at 1 p.m. ET .
The retail giant earned $ 3.56 per share in the quarter , $ 0.03 short of expectations, on revenue of $39.9 billion .
The sales number was about $600 million more than analysts had expected and represents 9.5% year-over-year growth.
Despite the headwinds, Home Depot is priced just 12% below its all-time high.
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