Home improvement retailer Home Depot
Home Depot in December forecast a sales increase of between 2 percent and 2.5 percent in the 12 months ending January 2012.
Spring is the busiest season for home improvement retailers such as Home Depot and Lowe's Cos Inc.
Home improvement retailers have faced consumers holding off on expensive renovations as they wait for the U.S. economy to recover more robustly.
Last month, Lowe's said it was laying off 1,700 middle managers across the United States.
(Reporting by Phil Wahba, editing by Gerald E. McCormick)