Home Depot snaps losing streak
(CNN)– Home Depot has broken its long losing streak.
On Tues, Feb. 25, the company said sales at stores open at least a year grew 0.8% last quarter.
That ends 8 straight quarters of declining sales.
The company also gave an upbeat forecast for 2025 saying sales at stores open at least a year would grow by 1%.
It could be good news for more than just Home Depot.
The company is America’s largest home improvement retailer and is considered a bellwether of the U.S. housing market and economy.
