Home Depot (HD) Q4 Net Income Surges 72%; Guides FY11 EPS

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February 22, 2011 9:25 AM EST








The Home Depot (NYSE: HD) said Tuesday that its fourth-quarter net income rose 72 percent as the recovering economy has bolstered consumer confidence in starting home-improvement projects.
The home improvement reported net income rose to $587 million or 36 cents per share, up from $342 million or 20 cents per share in the same quarter last year.
Revenue for the company rose 4

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