Repairs resulting from hurricanes and other natural disasters helped Home Depot beat estimates in its third quarter, and also caused the retailer to raise its outlook for the year.
The devastation caused by hurricanes and wildfires has been anything but a disaster for Home Depot, with the rebuilding efforts pushing already strong sales growth even higher.
Dick's Sporting Goods topped Street expectations in its third quarter, but forecast a big drop in profit next year based as its makes significant investments in e-commerce and other parts of its business.
The largest U.S. banks are keeping their exposure to the beleaguered retail sector in check, according to Fitch Ratings' latest Banks Chart of the Month.
