Shares of Home Depot (HD) move 4.3% higher premarket after the retailer beats earnings and...

|By:, SA News Editor

Shares of Home Depot (HD) move 4.3% higher premarket after the retailer beats earnings and raises its guidance. The company benefited from strength in the housing recovery which seemed to trump the disruptions from weather and late tax refunds that plagued other retailers. Customer traffic was up 2.5% during the period while the average ticket rose a brisk 5%.