An overcharged housing market is keeping aisles full at
Sales hit
Sales at stores open at least a year, a critical indicator of a retailer's health, jumped 31%. In the
“The number of people undertaking projects around the home continues to increase. There is a very clear pattern of investing in living spaces whether through full remodeling or partial decoration," said
Home improvement stores have bustled during the pandemic with millions working and attending school remotely. Many families found that larger homes, or at least different homes, were a necessity. That has fueled sales at
Shares climbed 2.1% before the market opened.
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