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analysis report

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  • September 22, 2022

Home Depot Inc. HD has been gaining from strong demand for home improvement projects, robust housing market trends and ongoing investments. The company has been benefitting from continued strength in both Pro and DIY categories, as well as digital momentum. Its interconnected retail strategy and underlying technology infrastructure have helped consistently boost web traffic for the past few quarters, aiding digital sales.

The investments and endeavors have helped deliver consistently strong earnings performances. The company reported sales and earnings beat for the ninth straight quarter in second-quarter fiscal 2022. The top and bottom lines also improved year over year. The

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