10:06 ET -- Home Depot Inc. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Home Depot Inc. reported fourth-quarter sales that missed expectations, and provided a downbeat outlook, citing persistent inflation, continued supply chain disruptions and a tight labor market. Income edged up to $3.36 billion, or $3.30 a share, from $3.35 billion, or $3.21 a share, in the year-ago period. Sales rose 0.3% to $35.83 billion but were below the FactSet consensus of $35.97 billion, as same-stores sales declined 0.3% versus expectations of a 0.3% increase. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)

 

(END) Dow Jones Newswires

February 21, 2023 10:22 ET (15:22 GMT)

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