COBB COUNTY (dpa-AFX) - Home improvement retailer Home Depot Inc. (HD) reported Tuesday that net earnings for the third quarter grew to $4.13 billion or $3.92 per share from $3.43 billion or $3.18 per share in the prior-year quarter.
Net sales for the quarter increased 9.8 percent to $36.82 billion from $33.54 billion in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $3.40 per share on sales of $35.01 billion for the quarter. Analysts' estimates typically exclude special items.
Comparable sales for the third quarter were positive 6.1 percent, and comparable sales in the U.S. were positive 5.5 percent.
Copyright RTT News/dpa-AFX