Home Depot exceeds estimates

As housing market heals, retailer’s sales climb 4.6%

Posted: November 14, 2012 at 4:15 a.m.

A Home Depot customer tosses a bag of concrete mix onto his truck in Washington, D.C. on Monday. Home Depot reported $947 million in third-quarter net income on Tuesday.

Home Depot, the largest U.S. home-improvement retailer, posted a third-quarter profit Tuesday that topped analysts’ estimates as the recovering U.S. housing market prompted customers to spend more on home repair.

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Business, Pages 27 on 11/14/2012