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flag Home Depot reports Q1 revenue up to $39.86B, despite a slow housing market and rising costs.

flag Home Depot reported a first-quarter revenue increase to $39.86 billion, up from $36.42 billion last year, driven by customers spending more on smaller home improvement projects. flag Despite a slight 0.3% drop in sales at stores open at least a year, U.S. comparable store sales rose by 0.2%. flag Customer transactions rose 2.1%, with the average purchase amount slightly increasing to $90.71. flag Home Depot's growth comes amid challenges like higher borrowing costs and a sluggish housing market.

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