Atlanta-based Home Depot Inc. said Wednesday it now sees earnings per share from continuing operations to be flat to down 7 percent. Prior guidance called for a 7 percent decline.
It says it also expects adjusted earnings per share to be down 20 percent to 26 percent. Home Depot's previous outlook was for a 26 percent decline.
The retailer maintained its outlook for an approximately 9 percent sales decline.
Analysts had expected a full-year profit of $1.40 per share on sales of $65.27 billion.
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