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 October 28 from $934 million, or 60 cents per share, a year earlier.

(Reporting by Martinne Geller in New York; Editing by Lisa Von Ahn)