Home Depot Sees Boost from New Investment and Sales Growth
Solstein Capital LLC has made a new investment in The Home Depot, Inc. (NYSE:HD), acquiring 3,377 shares of its stock valued at approximately $1,191,000.
This move is part of the company's second-quarter filings with the Securities & Exchange Commission.
Home Depot reported fiscal second-quarter sales of $47.86 billion, up 5.7% year over year and its strongest comparable-sales growth since 2022.
The company also expanded its Magic Apron AI shopping assistant to every U.S. store, providing localized product information, project guidance, and store navigation through text, voice, images, and multiple languages.