Home Depot earnings grow as DIY boom continues

The Home Depot posted Q3 revenues of $36.8 billion, an increase of $3.3 billion or 9.8 percent from 2020. Analysts had expected revenues of just over $35 billion. The ongoing trend toward investment in the home seen since the pandemic outbreak continued to propel sales, with comp sales increasing by 6.1 percent. Net income rose to $4.13 billion (or $3.92 per share), from $3.43 billion ($3.18) a year earlier.