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Seasonal sales lift Home Depot quarter

Posted: August 20, 2014 at 2:29 a.m.

A shopper pays for lumber at a Home Depot in Boston in May. Home Depot reported a second-quarter profit of $2.05 billion, up from $1.8 billion a year ago.

The Home Depot Inc., the largest U.S. home-improvement retailer, posted a second-quarter profit Tuesday that topped analysts' estimates and raised its forecast for the year as sales of seasonal merchandise rebounded. The shares gained the most in more than a year.

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