for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Home Depot beats quarterly same-store sales estimates

Nov 17 (Reuters) - Home Depot Inc beat quarterly same-store sales estimates on Tuesday, as a surge in demand for tools, gardening equipment and building materials from people upgrading their homes during the coronavirus pandemic extended for another quarter.

Same-store sales rose 24.1% in the third quarter ended Nov. 1, beating analysts’ average estimate of a 14.8% increase, according to IBES data from Refinitiv.

Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up