Home Depot Q3 Results Beat Street Estimates Despite Data Breach

Home Depot posted a third quarter profit of $1.15 a share on revenue of $20.52 billion. Wall Street analysts were looking for earnings of $1.13 on sales of $20.47 billion. Last year, the retailer earned $0.95 per share on $19.47 billion in sales. As for details, Home Depot said sales at stores open at least a year rose 5.2%, while rising 5.8% in the U.S. alone. Home Depot also maintained its earnings outlook for all of 2014, but said that it could not account for the entirety of losses from a September data breach that affected 56 million debit and credit cards. TheStreet's Gregg Greenberg and Brian Sozzi have details from New York.