Home Depot's stock set to surge as sales growth provides signs of a turnaround
Core Insights - Home Depot's stock is expected to rise following a quarterly report that showed comparable sales growth, breaking a series of previous misses, and profits exceeded expectations by the largest margin in years [1] Group 1 - The company reported a significant improvement in quarterly comparable sales, indicating a positive shift in consumer demand [1] - Profit margins surpassed analyst expectations, marking the widest margin of outperformance in several years [1]