US Retailer Home Depot Leaves Outlook Unchanged as Housing Market Slows

US Retailer Home Depot Leaves Outlook Unchanged as Housing Market Slows
The logo of Home Depot in Encinitas, Calif., on April 4, 2016. Mike Blake/Reuters
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Home Depot Inc. on Tuesday left its annual forecasts unchanged even as quarterly results topped Wall Street expectations, raising concerns about demand heading into the holiday season amid a slowing housing market.

Shares in the largest U.S. home improvement chain slipped in early trade, with the number of transactions falling in the quarter as surging inflation deterred do-it-yourself customers.