Home Depot sales drop for first time in decade

For the three months ended April 30, revenue dropped to $37.26 billion from last year’ s $38.91 billion, and it was short of the $38.45 billion projected by analysts polled by Zacks Investment Research. Sales at stores open at least a year, a key indicator of a retailer’ s health, dropped 4.5%, and it dropped 4.6% for stores in the U.S.. The U.S. Federal Reserve has hiked…