Mark Mandel Explains Quotations

Home Depot's results weren't a huge surprise, ... Home Depot is basically a turnaround in progress, but the company did say it expects the back half of the year to show some material improvement. So that explains why it's not giving quarterly guidance.

Home Depot's results weren't a huge surprise. Home Depot is basically a turnaround in progress, but the company did say it expects the back half of the year to show some material improvement. So that explains why it's not giving quarterly guidance.