Home Depot beat quarterly same-store sales estimates

Tiger Newspress2021-11-16

Home Depot Inc beat quarterly same-store sales estimates on Tuesday, helped by sustained demand for tools and materials from builders and handymen working on housing projects.

Same-store sales rose 6.1% in the third quarter ended Oct. 31, beating analysts' estimates of a 1.4% increase, according to IBES data from Refinitiv.

Its shares stayed flat in premarket trading.

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