Home Depot Stock Rises on Q4 Earnings, Revenue Beat

Home Depot Inc (NYSE:HD) stock is 4.1% higher to trade at $392.36 at last glance, after the home improvement retailer reported better-than-expected adjusted earnings of $2.72 per share on $38.20 billion in revenue for the fourth quarter despite a 4% sales decline. The company also reaffirmed its annual forecast amid strong demand from professional customers, with average ticket size rising despite a drop in the number of transactions. The report was so solid that sector peer Lowe's (LOW) is 2% higher today ...