Home Depot Inc (NYSE:HD) stock is trading lower after the home improvement retailer missed second-quarter 2024 revenue expectations. HD reported second-quarter 2024 sales growth of 0.6% year-over-year to $43.175 billion, marginally missing the consensus estimate of $43.376 billion. The company stated that the total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), reflecting roughly six weeks of sales within the quarter. Customer transactions for the quarter fell 1.8%. Comparable sales decreased 3.3%, and comparable sales in the U.S. dropped 3.6%. Gross profit rose 1.8% YoY to $14.416 billion, with a margin of 33.4%, up 40 bps YoY. The operating margin was 15.1%, down 22 bps YoY, and operating income for the ...