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Shares were last up marginally in choppy premarket trading after the company also beat first-quarter results.
Home Depot maintained its annual forecasts despite warning of increased volatility in consumer spending.
KEY POINTS
- The company beat first-quarter sales estimates with $41.77 billion versus the expected $41.52 billion.
- Home Depot launched an AI-powered tool in November 2023 to help professional customers manage project planning.
- Quarterly visits to Home Depot stores rose 1.9 percent year-over-year, according to Placer.ai.
COMPANIES
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