Home Depot Q3 2015 Earnings Review: Strong Results Against Favorable Macroeconomic Environment

Retail giant Home Depot reported solid fiscal third quarter earnings on November 17, to beat analyst projections. Sales in the quarter increased 6.4% year-on-year against strong performance across all product categories and geographies. Home Depot has been among the biggest beneficiaries of the U.S. economic recovery, particularly the rebound in housing markets. In spite of the stock growing by over 300% since the recession, a number of factors are indicative of further growth for the company.