Home Depot Lowers Outlook as Mild Weather, Reduced Home Spending Hits Sales

Date:

A Home Depot store in Columbia, Md., on Sept. 18, 2025. Madalina Kilroy/The Epoch TimesMild fall weather across the country—a hurricane didn’t make landfall on U.S. shores in September for the first time in a decade—coupled with homeowners reigning back spending on home improvement projects, led to lower-than-expected third-quarter earnings at Home Depot.The home improvement giant on Nov. 18 reported sales of $41.4 billion, a 2.8 percent increase from the same quarter last year, with net earnings of $3.6 billion and adjusted earnings per share of $3.74. Those numbers were essentially flat from the same quarter in 2024, when it recorded net earnings of $3.6 billion and $3.78 per share.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Raises Travel Advisory for Spanish Area Amid Illegal Immigrant Influx

The U.S. Department of State on Saturday increased a...

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...