Home Depot beats quarterly sales estimates

Core Insights - Home Depot exceeded third-quarter sales expectations due to strong demand from professional builders and contractors, which compensated for a decline in do-it-yourself projects [1] Company Performance - The company reported robust sales driven by professional segments, indicating a shift in consumer behavior towards professional services [1] Market Trends - There is a noticeable slowdown in do-it-yourself projects, suggesting a potential shift in market dynamics and consumer preferences [1]