November 13, 2012 at 19:00 PM EST
Home Depot Earnings Lifted By Housing Rebound, Sandy
The continued rebound in housing and a rush for disaster supplies ahead of Hurricane Sandy drove Home Depot's third-quarter sales and profit past analyst forecasts Tuesday. And post-storm cleanup and rebuilding should lift fourth-quarter results. The home improvement giant earned 74 cents a share, backing out costs from closing some stores in China. That was up 23% from a year ago, and 4 cents higher than forecast by analysts
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