Home Depot's 2Q profit drops 24 percent (AP)

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Home Depot's 2Q profit drops 24 percent (AP)

AP - The Home Depot Inc., the nation's largest home improvement retailer, reported a 24 percent drop in second-quarter profit but beat Wall Street expectations. The company reiterated its downbeat outlook for the year amid a weak housing and home improvement market that shows no signs of recovery.

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