Home Depot posts rare sales miss as delayed spring hits demand


(Reuters) – Home Depot Inc (HD.N) on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually long winter hit sales of springtime gardening products such as fertilizers and mulch.

The miss is the first in seven quarters for the top U.S. home improvement chain, which has in recent years largely bucked the trend of big-box stores losing shoppers to online retailers including Amazon.com Inc (AMZN.O).

Still, Home Depot kept its full-year sales and earnings forecasts intact and said it was seeing double-digit sales growth in May, helping the Atlanta-headquartered…



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