Home Depot Q1 Profit Rises 44%, Guidance Left Unchanged (HD)
Posted on May 19, 2009 at 09:56 AM EDT
Home improvement retailer The Home Depot, Inc. (HD) said Tuesday that its first quarter profit rose a better-than-expected 44%, as the company’s sales decline wasn’t as bad as had been anticipated. The Atlanta-based company reported first quarter net income of $514 million, or 30 cents per share, up from $356 million, or 21 cents per [...]