Good morning. Home Depot, the home improvement retail giant, is showing signs of agility amid economic uncertainty—but selective price adjustments loom.
For its second fiscal quarter that ended Aug. 3, Home Depot, No. 24 on the Fortune 500, reported net sales of $45.28 billion, up 4.9% year over year and slightly below expectations, with net income holding steady at $4.6 billion. The company reaffirmed its full-year outlook, projecting total sales to rise 2.8% and comparable sales by about 1%.
