Home Depot's stock rises toward a record after big profit, sales beats

Published: Nov. 16, 2021 astatine 6:12 a.m. ET

Shares of Home Depot Inc. roseate 0.7% into grounds territory successful premarket trading Tuesday, aft the location betterment retailer reported fiscal third-quarter profit, nett income and same-store income that roseate supra expectations. Net income for the 4th to Oct. 31 accrued to $4.13 billion, oregon $3.92 a share, from $3.43 billion, oregon $3.18 a share, successful the year-ago period, to bushed the FactSet statement for net per stock of $3.42 by a wide margin. Net income roseate 9.8% to $36.82 billion, good supra the FactSet statement of $34.95 billion. Same-store income grew 6.1%, to bushed the FactSet statement of 2.4% growth, portion U.S....