Home Depot reported an increase in second-quarter sales, driven by customers undertaking smaller home improvement projects. Despite a challenging U.S. housing market with high mortgage rates and stagnant sales, the retailer saw revenue rise to $47.86 billion, exceeding Wall Street expectations. The company also announced the nationwide launch of an express delivery service, promising delivery within three hours or less for a flat fee. AI
RANK_REASON Retailer product/service announcement and financial results.
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