The news: Home Depot’s comparable sales returned to positive territory in Q4, snapping a streak of eight straight quarters of declines.
Same-store sales rose 0.8%, beating analysts' expectations of a 1.7% decline and marking the first positive growth since Q3 2022.
US same-store sales grew 1.3%, surpassing the expected 1% decline. Gains were broad-based, with 15 of the retailer’s 19 US regions posting positive comps.