Home Depot Cuts Full‑Year Outlook Amid Home‑Improvement Slump

The Home Depot, Inc. (HD) reported a mixed third quarter, showing that the U.S. home‑improvement sector remains under pressure. Net income came in at $3.6 billion (or $3.62 a share) for the quarter ended November 2, 2025, down from $3.65 billion (or $3.67 a share) in the same period last year. Adjusted earnings per share were $3.74, which fell short of analysts’ consensus of roughly $3.84. Total sales rose 2.8% year‑over‑year to $41.35 billion, slightly ahead of expectations; however, comparable (same‑store) sales increased by just 0.2%, well below the 1%+ forecast. Beyond the numbers, Home Depot cited a lack of severe storms in the quarter — which reliably boost demand for repairs and renovation — as a key driver of the weakness. More broadly, consumer hesitation, a weak housing market, high interest rates and affordability concerns weighed on spending for large home‑improvement projects. As a result, the company updated its full‑year guidance: It now anticipates adjusted earnings per share to decline approximately 5%, a steeper drop than the previously guided 2%. Comparable sales growth is expected to be “slightly positive,” down from about 1% earlier. In response, the stock slid roughly 4% in early trading. #HomeDepot #RetailEarnings #HousingSlowdown #ConsumerSpending #SlimScan #GrowthStocks #CANSLIM