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Home Depot Snaps Same-Store Losing Streak in 4Q

Home Depot reported an improvement in customer demand in 4Q as the company broke a same-store decline in sales which persisted over the past two years.

The company reported a decline in 4Q sales and gross margin, impacted by lower core organic sales and ongoing single-family and multi-family margin normalization, respectively.

Get a complete breakdown of the distributor’s September and 3Q financials, which point to a demand uptick for the industrial supply sector.