Springfield, MO

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.


No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Greek Belly LLC

Greek Belly LLC opened its doors downtown; Mid-Missouri Bank debuted its latest branch; and BKD LLP agreed to purchase New York City-based Loeb & Troper LLP.

Most Read Poll
How will you vote on Proposition A in Missouri's Aug. 7 primary election?

View results