Agence France-PresseNovember 19, 2013 10:02
Home-improvement retailer Home Depot reported Tuesday a 42.7 percent rise in fiscal third-quarter earnings and raised its 2013 sales outlook as the US housing recovery continued to boost performance.
Net income rose to $1.4 billion on revenues of $19.5 billion, up from $947 million on revenues of $18.1 billion in the year-earlier period.
Those results translated into per-share earnings of 95 cents, six cents above analyst expectations. Revenues were also better than expected.