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Home Depot Reports Biggest Sales Gain Since 2022 During CEO Medical Leave

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Sig2.45Sen+1.70Env0.00Soc-0.20Gov-0.90

Home Depot reported its biggest sales gain since 2022. Ted Decker stepped away temporarily for medical reasons last week, with two senior lieutenants covering operations while the company pursued major changes, including acquisitions to build its contractor business and AI investments for stores and back-end operations. Decker is expected back in a few months, and CFO Richard McPhail noted demand pressure from housing affordability.

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