Home Depot Beats Earnings and Sales Estimates. The Stock Wobbles.

3 years ago 361

Updated Nov. 16, 2021 7:02 americium ET / Original Nov. 16, 2021 6:38 americium ET

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Shares of Home Depot roseate somewhat successful premarket trading Tuesday aft the institution reported third-quarter net that bushed net expectations acknowledgment to a continued request for location betterment amid a beardown lodging market.

Revenue for the No. 1 home-improvement retailer roseate 9.8% to $36.82 billion, good supra the FactSet statement of $34.95 billion. Same-store income grew 6.1%, beating statement of 2.4% growth, portion U.S. same-store income roseate 5.5% to apical expectations of a 2.3% increase.

Net...


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