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Home Depot Earnings Fall 31%, Sales Drop

Stock quotes in this article: HD , LOW  

Home Depot(HD Quote), the world's largest home improvement retailer, said third-quarter earnings declined 31% to $756 million, or 45 cents a share, from $1.1 billion, or 60 cents a share, a year earlier as same-store sales dropped 8.3%.

Analysts surveyed by Thomson Reuters expected Home Depot to report earnings of 38 cents a share.

Total sales in the quarter fell 6.2% to $17.8 billion. ...

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