BUSINESS
02/26/2013 06:17 am ET Updated Apr 28, 2013

Home Depot Profit Rises On Hurricane Sandy Sales, Improved Housing Market

Feb 26 (Reuters) - Home Depot Inc reported a higher quarterly profit, aided by improvements in the U.S. housing market and sales tied to Hurricane Sandy, helping the world's No. 1 home improvement chain outshine rival Lowe's Cos Inc for the 15th straight quarter.

Net earnings for the fourth quarter ended on Feb. 3 rose to $1.0 billion, or 68 cents a share, from $774 million, or 50 cents a share, a year earlier.

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