Home Depot cuts earnings Outlook
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Home Depot (NYSE:HD) Posts Q3 CY2025 Sales In Line With Estimates
Home improvement retail giant Home Depot (NYSE:HD) in Q3 CY2025, with sales up 2.8% year on year to $41.35 billion. Its non-GAAP profit of $3.74 per share was 2.5% below analysts’ consensus estimates.
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Home Depot faces fierce backlash amid rising boycotts and weak sales figures
Home Depot has found itself at the center of nationwide boycotts over its alleged involvement with ICE raids, which are aimed at cracking down on big retailers during Cyber Monday spending events.
ADJUSTED EARNINGS: Stripping out one-time items, earnings are expected to come in at $3.84 a share, up from $3.78 a share in the third quarter of last year. SAME-STORE SALES: Analysts expect same-store sales growth of 1.3%. The stock has fallen 9.6% to $361.10 over the past three months. It is down 7.2% so far this year.
Home Depot’s third-quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that has slumped.
Home Depot stock tumbles on disappointing Q3 earnings – but several factors warrant buying HD shares on the pullback. Find out more.
A raft of post-earnings price target cuts was the key factor behind Home Depot (NYSE: HD) stock's slide on Hump Day. The company published its third-quarter figures the previous day, and a clutch of analysts didn't hesitate to make downward adjustments while the ink was still wet.