Reported 12 days ago
Home Depot's shares rose after the retailer reported third-quarter earnings that exceeded expectations and raised its full-year guidance. With $40.2 billion in sales, a 6.6% year-over-year increase, CEO Ted Decker noted that warmer weather and an active hurricane season contributed to increased sales, particularly in seasonal goods and outdoor projects. The company now anticipates a 4% rise in total revenue for the year, up from its previous estimate of 2.5% to 3.5%.
Source: YAHOO