© Reuters. FILE PHOTO: The logo of Home Depot is seen in Encinitas
(Reuters) – Home Depot Inc (NYSE:) beat quarterly same-store sales estimates on Tuesday, riding a sustained wave of demand for home improvement goods as the COVID-19 pandemic drags on.
Same-store sales rose 24.5% in the fourth quarter ended Jan. 31, beating analysts’ average estimate of an 18.9% increase, according to IBES data from Refinitiv.
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