Home Depot (HD) earnings Q3 2022


A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.

David Paul Morris | Bloomberg | Getty Images

Home Depot reported Tuesday its third-quarter revenue increased about 6% to nearly $38.9 billion, beating analyst expectations, as the retailer continued to beckon customers despite rising costs and macroeconomic pressures. 

Both its professional and do-it-yourself sales saw positive growth during the period, the retailer’s management said on a call with investors, adding professionals say their backlogs remain strong.

The company posted a profit of $4.3 billion, or $4.24 per diluted share, up from $4.1 billion,…

Source cnbc.com

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