Home Depot reports results for third quarter

The Home Depot has issued its third quarter results. The Atlanta-based retailer, the largest home improvement retailer in the world, reported sales of $37.7 billion for the third quarter of fiscal 2023, a decrease of three percent from the third quarter of fiscal 2022. Comparable sales for the third quarter of fiscal 2023 decreased 3.1 percent, and comparable sales in the U.S. decreased 3.5 percent. Net earnings for the third quarter of fiscal 2023 were $3.8 billion, or $3.81 per diluted share, compared with net earnings of $4.3 billion, or $4.24 per diluted share, in the same period of fiscal 2022.