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Home Depot lifts full-year forecasts on boost from hurricanes

from Reuters

Home Depot Inc., the largest U.S. home improvement chain, on Tuesday raised its full-year profit and sales forecast again after hurricanes Harvey and Irma spurred demand for generators, flashlights and rebuilding materials. The Dow component is riding a multi-year recovery in the housing market but as hurricanes ravaged the southern U.S., customers flocked to its stores for emergency supplies. more


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