The Home Depot is trading 3.29% up at $348.14 after its second-quarter results exceeded Wall Street expectations and management reaffirmed its full-year outlook.

  • Adjusted EPS reached $4.92 versus the $4.73 expected, while revenue hit $47.9 billion and comparable sales increased by 1.7%.
  • Management's decision to maintain guidance supported investor confidence despite continued weakness in the housing market.
  • The stock is also benefiting from a broader 0.45% gain in the Dow and improved sentiment across the consumer-discretionary sector.