Home Depot Sales Improve, But Outlook Remains Unchanged Amid Slumping Housing Market

Home Depot's sales improved during its fiscal second quarter as customers focused on smaller projects over the summer months, despite the US housing sector still being in a slump.

The company reported revenue of $47.86 billion for the period, beating Wall Street expectations of $47.24 billion according to FactSet.

While Home Depot's sales showed some improvement, its outlook remains unchanged due to the ongoing challenges in the housing market.