Home Depot (HD) reported revenue decreased 3.8% year-over-year to $38.2B during the company’s fourth quarter. Comparable sales increased 0.4% for the quarter that ended on February 1, beating the consensus expectation for a decrease of 0.4%. Comparable sales in the U.S. were up 0.3% during the quarter.
Home Depot sees sales drop, warns on ‘frozen’ housing environment
