Home Depot profit outlook disappoints, shares fall

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REUTERS: Home Depot Inc forecast full-year earnings well below Wall Street estimates on Tuesday and reported disappointing quarterly sales, with ...

REUTERS: Home Depot Inc forecast full-year earnings well below Wall Street estimates on Tuesday and reported disappointing quarterly sales, with analysts pointing to the impact of a snowy U.S. winter on construction activity.

Home Depot sells everything from windows and wooden planks to lawn mowers and patio furniture, but cold weather across the United States during December and January curtailed remodeling of home exteriors.

 

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