Home Depot (HD) CEO Blake Expects Strong Second-Half on Housing Gains

September 5, 2013 4:50 PM EDT
Home Depot (NYSE: HD) CEO Frank Blake sees momentum realized in second-quarter 2013 to continue through the rest of the year as the U.S. housing market continues to show improvement.

Speaking on CNBC after markets closed today, Blake thinks growth will continue at a brisk pace, but at a good pace, a good solid pace.

Blake also noted that, while store expansion in the U.S. has pretty much come to a standstill, it plans to open another two locations through the end of this year.

Shares of Home Depot are modestly higher in after-hours trading Thursday.


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