Home Depot quarterly profit rises

Tue Nov 13, 2012 6:06am EST

Nov 13 (Reuters) - Home Depot Inc reported a higher quarterly profit on Tuesday as the world's largest home improvement chain benefited from recent improvements in the U.S. housing market.

Net earnings rose to $947 million, or 63 cents per share, in the third quarter ended on Oct. 28 from $934 million, or 60 cents per share, a year earlier.