Home Depot reported earnings and while it managed to make the numbers, it only did so because of a gain from selling HD Supply. Home Depot’s slogan “Let’s Do This” became “Let’s Do This Later When It Gets Warmer” as the extended winter kept shoppers away as cold temperatures forced homeowners to delay projects. JPMorgan also reports that investor interest in the home sector is dropping as they see only modest upside in the group. Rival Lowe’s reports earnings on Wednesday and hopes are dwindling that it can overcome the long winter.
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