Home Depot's Mixed Q3: Revenue Up, Earnings Down
Update: 2025-11-18
Description
Home Depots Q3 financials show a slight earnings dip, with $3.6 billion, or $3.62 per share, compared to $3.65 billion last year. CEO Ted Decker attributes this to fewer storms and lower-than-expected demand. Despite a revenue increase to $41.35 billion, customer transactions decreased by 1.4%. Home Depot has lowered its earnings forecast but raised sales growth expectations, indicating a cautious outlook amidst a slumping housing market and shifting consumer behavior.
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