DIY giant Home Depot Inc (NYSE:HD) shares added 1.74% to US$197.55 ahead of the New York bell after its second-quarter earnings smashed through Wall Street expectations.
Earnings per share (EPS) for the three months came in at US$3.05 against analyst expectations for US$2.84.
Revenue for the quarter was US$30.46bn compared with US$30.03bn, which had been penciled in by Wall Street.
The increase in trading activity was put down to a warmer start to the summer after a shaky spring.
Adding to investor cheer, the Atlanta-based group also raised its outlook for both revenue and same-store sales for its full year.
In other earnings on Tuesday, Advance Auto Parts Inc (NYSE:AAP) shares gained almost 6% on pre-market deals to US$153.25.
Its second-quarter numbers also beat Wall Street expectations.
Earnings per share (EPS), adjusted for non-recurring costs, were US$1.97, while analysts had forecast US$1.85 a share.
Revenue was US2.33bn, also surpassing Wall Street forecasts. Consensus was for US$2.27bn.
Also today, Brinker International (NYSE:EAT), the hospitality and restaurant group which owns Maggiano's Little Italy restaurants, saw shares flat as its fourth-quarter earnings were in line with estimates.
Excluding special items, the company reported adjusted earnings of US$1.19 per share for the period, matching analysts expectations.
Also, drinks giant The Coca-Cola Co (NYSE:KO) popped into view Tuesday as it was revealed the group is buying a minority stake in sports drink brand BodyArmor, which is backed by basketball star Kobe Bryant.
Commentators says it is the latest attempt by Coke to break Gatorade’s tight grip on the sports drinks market, which has around 75% of the US$8bn made in US sales.
The deal, reportedly, could allow for Coke to later take full ownership of startup BodyArmor.