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BRIEF-Home Depot CFO says does not expect housing market to fully recover in 2013
February 26, 2013 / 2:35 PM / 5 years ago

BRIEF-Home Depot CFO says does not expect housing market to fully recover in 2013

Feb 26 (Reuters) - Home Depot Inc : * CEO: ”an encouraging sign in the fourth quarter was that sales to our pro

customers grew on par with sales to consumers” * CEO company’s dot-com business had a “strong” holiday season * Rpt-home depot ceo: company’s dot-com business had a “strong” holiday

season * CEO on housing market: ”the path to recovery will resemble a gradual thawing

process” * Merchandising chief says average ticket rose 5.6 percent in Q4 * CFO sees the U.S. housing market contributing 100 basis points of same-store

sales rise in 2013 * CFO: ”while recovering, we do not believe the housing market will fully

recover in 2013”

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