Financial, market and economic news

3 Takeaways from Home Depot’s Solid Q3

It’s not easy for a $110 billion business to consistently grow at an over 20% pace, but Home Depot (NYSE: HD) has stepped up to that challenge. The retailer recently announced a second straight quarter of booming sales gains as pandemic-influenced consumers poured cash into their homes.

Home Depot had some good financial news for investors, too, as part of its third-quarter earnings release.

Let’s take a closer look.

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