Home Depot (NYSE: HD) provided mixed results with its fourth-quarter earnings and forward guidance today, but the stock is in rally mode. The results brought somewhat of a relief rally after shares of the leading home improvement company declined by almost 8% in the past month.

Home Depot generated $39.7 billion in sales in the fourth quarter, a hearty 14% increase over the same quarter a year ago. That was slightly better than the $39.16 billion that analysts had projected.

Home Depot’s fourth-quarter earnings were better than analysts’ estimates but the stock was falling as the report was overshadowed by a weaker-than-expected fiscal-year outlook. Fourth-quarter same-store sales rose 0.

Home Depot earnings topped estimates for the January fiscal fourth quarter, but the home-improvement retailer's outlook for an earnings decline this year caught Wall Street off-guard. Still, after sliding initially,