Updates
** Home improvement firm Home Depot's HD.N shares reverse their premarket fall, and are up 3% at $393
** Co posts surprise rise of 0.8% in comparable sales, compared with analysts' estimate of a 1.87% drop - data compiled by LSEG
** Customer transactions jump 7.6% from last year, while the average ticket increase 0.3%,
** However, co forecasts annual comparable sales to grow 1%, below analysts' expectations of 1.7% growth
** Co is navigating a weak housing market and high interest rates amid signs of U.S. consumers becoming more cautious
** Peer Lowe's LOW.N shares also up 2% after falling about 2% premarket after HD's earnings release
** HD stock rose 12.25% in 2024
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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