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ºÚÁϳԹÏÍø Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.

ºÚÁϳԹÏÍø Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.

ºÚÁϳԹÏÍø Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion.

ATLANTA — ºÚÁϳԹÏÍø Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.