YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

This company benefited from hurricanes Harvey, Irma

Posted online

Home Depot beat analysts' third-quarter revenue and earnings estimates on higher demand from areas hit by hurricanes Harvey and Irma, Reuters reports.

The largest U.S. home improvement chain posted net income of $2.17 billion, or $1.84 per share, up from $1.97 billion a year earlier. Net sales rose 8 percent to $25 billion.

Analysts forecasted earnings of $1.82 per share and revenue of $24.55 billion.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Roy Blunt Hall addition

Missouri State University’s science building, built in 1971 and formerly called Temple Hall, is being reconstructed and updated.

Most Read
Update cookies preferences