Home Depot Beats Expectations, Raises Full Year Profit Outlook

Home Depot (HD) - Get Report  reported earnings of $1.44 a share, which was 8 cents higher than expected. The home improvement retailer also beat revenue projections and raised its full year guidance. Executives say the company had broad based growth and a stronger than expected start to the year. Home Depot is in the Dow Jones Industrial Average. Applebee's (DIN) - Get Report is shaking up its menu in an attempt to spur sales. The New York Post says it's investing $75 million to revamp its menu. It will be adding wood-fired grills to its restaurants, hand-cut top sirloin steaks, bone-in-pork, grilled salmon and chicken breasts. Southwest (LUV) - Get Report  sees expansion opportunities. CEO Gary Kelley says Hawaii, Alaska and Canada could be possible destinations. The Labor Department released the Consumer Price Index for April. Housing Starts are issued by the Census Bureau and the Federal Reserve reveals industrial production for April.