-9 C
Ottawa
Tuesday, January 20, 2026

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

Popeyes Franchisee With Over 130 Locations Files for Bankruptcy

CompaniesThe company blames its financial troubles on the lingering...

Which Australian Region Is Absorbing the Most Local Migrants?

Tourist's watch high waves as they walk along Kings...

Whats Open and Closed on Martin Luther King Jr. Day

Visitors walk past the Martin Luther King Jr. Memorial...

The Exchange of Messages Between Norways Prime Minister and President Trump

U.S. President Donald Trump meets with Norway's Prime Minister...