The Home Depot, the world's largest home improvement retailer, recently reported fourth quarter and fiscal 2025 results.
Sales for the fourth quarter of fiscal 2025 were $38.2 billion, a decrease of $1.5 billion (or 3.8%) from the fourth quarter of fiscal 2024. However, the company noted, the fourth quarter of fiscal 2025 consisted of 13 weeks compared with 14 weeks for the prior year; the 14th week in fiscal 2024 added approximately $2.5 billion in sales to the fourth quarter, according to The Home Depot. Net earnings for the fourth quarter of fiscal 2025 were $2.6 billion, compared with net earnings of $3.0 billion during the same period of fiscal 2024.
Meanwhile, sales for fiscal 2025 were $164.7 billion, an increase of $5.2 billion (or 3.2%) over the previous fiscal year. Net earnings for fiscal 2025 were $14.2 billion, compared with net earnings of $14.8 billion in fiscal 2024.
“For the fourth quarter, our results were largely in-line with our expectations, reflecting the lack of storm activity in the third quarter and ongoing consumer uncertainty and pressure in housing,” said company chair, president and CEO Ted Decker. “Adjusting for storms, underlying demand was relatively stable throughout the year.”
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