Home Depot beats quarterly sales estimates

(Reuters) -Home Depot topped third-quarter sales estimates on Tuesday, as robust demand from professional builders and contractors helped offset a slowdown in do-it-yourself projects.

The company posted net sales of $41.35 billion for the quarter ended November 2, a 2.8% jump from a year earlier. Analysts on average had expected a 2.2% rise to $41.10 billion, according to data compiled by LSEG.