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Home Depot says 15 of 19 U.S. regions delivered positive comps in Q4

Says still seeing “ongoing pressure” on large remodeling projects. Says focusing on many cross sell opportunities for SRS. Expects organic sales for SRS to grow mid-single digits in FY25. Expects to open 13 new stores in FY25. Seeing “meaningful lift” in sales in Pro category. Says making “significant progress” in shrink. Says Q4 big ticket comps up 0.9% y/y. Comments taken from Q4 earnings conference call.

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