May 20 (Reuters) - Home Depot ( HD ) beat Wall Street
estimates for first-quarter sales on Tuesday as the world's
largest home improvement retailer enjoyed steady demand from
professional contractors and small-scale repair works by
existing homeowners.
The company posted net sales of $39.86 billion for the
quarter ended May 4, a 9% jump from last year. Analysts on
average had expected an 8% rise to $39.31 billion, according to
data compiled by LSEG.
(Reporting by Savyata Mishra in Bengaluru; Editing by Devika
Syamnath)