LINDA WERTHEIMER, HOST: NPR's business news starts with Home Depot raising the roof.</s>LINDA WERTHEIMER, HOST: Home Depot got a boost from the housing recovery in its first-quarter net income. It rose 18 percent; that exceeds expectations. The company acknowledged yesterday that while cool and wet spring weather had a negative impact on some of Home Depot's seasonal business, its core business stayed strong.</s>LINDA WERTHEIMER, HOST: Home Depot's stock price rose by 2.5 percent with the news.
Home Depot got a boost from the housing recovery. Its first quarter net-income rose 18 percent, exceeding expectations. The company acknowledged that while cool and wet spring weather had a negative impact on some of Home Depot's seasonal business, its core business stayed strong.