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