The Home Depot reported revenue for the third quarter increased nearly 6% to $38.87 billion.

The numbers beat analyst expectations for the period ending . Despite inflation and other economic factors, both Home Depot's professional and do-it-yourself sales saw positive growth during the period.

The company posted a profit of $4.3 billion, or $4.24 per diluted share, up from $4.1 billion, or $3.92 per share, from the same quarter last year.

“We delivered another solid performance in the third quarter, driven by strength in project- related categories across the business,” said Ted Decker, chair, president and CEO. “Our team has done a fantastic job serving our customers while continuing to navigate a challenging and dynamic environment."