The Home Depot recently announced its 2025 third quarter sales of $41.4 billion, a $1.1 billion increase (2.8%) from the same period last year.
However, net earnings still came in lower than expected at $3.6 billion, or $3.62 per diluted share, compared with net earnings of $3.6 billion, or $3.67 per diluted share, in Q3 2024.
“Our results missed our expectations primarily due to the lack of storms in the third quarter, which resulted in greater than expected pressure in certain categories,” said Ted Decker, chair, president and CEO. “Additionally…an expected increase in demand in the third quarter did not materialize. We believe that consumer uncertainty and continued pressure in housing are disproportionately impacting home improvement demand.”
Read the full report here.
