Home Depot's Q3 Earnings: Mixed Results & Professional Focus
Update: 2025-11-18
Description
Home Depots third-quarter earnings show a dip in profit, with net income falling to $3.6 billion from $3.65 billion last year. Despite a slight sales increase, comparable sales only grew by 0.2%, missing analysts predictions. The lack of major storms and a weaker housing market are key factors impacting sales. Home Depot has adjusted its full-year comparable sales growth forecast to slightly positive and lowered its adjusted earnings-per-share guidance. To counter reduced DIY demand, the company is focusing on professional builders and contractors, expanding bulk supplies and support services.
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