Home Depot trims earnings guidance despite modest Q3 2025 sales lift

Home Depot has reported higher income for the 3rd 4th (Q3) of 2025 but slashed its full-year net outlook, citing softer request and macroeconomic pressures.

The retailer, based successful Atlanta successful the US authorities of Georgia, posted nett income of $41.4bn for the quarter, an summation of 2.8% compared with the aforesaid play a twelvemonth earlier.

The institution stated that the higher income were supported successful portion by its caller acquisition of gathering products distributor GMS.

Around $900m of that full came from GMS, which contributed astir 8 weeks of gross pursuing the completion of the deal.

Comparable income edged up 0.2%, with US comparable income rising 0.1%.

Net net were unchanged astatine $3.6bn, though diluted net per stock slipped to $3.62 from $3.67 a twelvemonth earlier.

Operating income declined 1.2% to $5.35bn from $5,42bn a twelvemonth previously.

The retailer's gross nett roseate astir 3% year-on-year to $13.81bn.

Home Depot chairman, president and CEO Ted Decker commented: “Our results missed our expectations chiefly owed to the deficiency of storms successful the 3rd quarter, which resulted successful greater than expected unit successful definite categories. Additionally, portion underlying request successful the concern remained comparatively unchangeable sequentially, an expected summation successful request successful the 3rd 4th did not materialise.

“We judge that user uncertainty and continued unit successful lodging are disproportionately impacting location betterment demand.”

Home Depot present expects full-year income to turn by astir 3%, with GMS contributing $2bn successful further revenue.

Comparable income are forecast to beryllium somewhat affirmative for the comparable 52-week period.

It anticipates full-year adjusted net per stock to diminution by astir 5% from the erstwhile year, compared with earlier guidance for a 2% decrease.

Looking up to fiscal 2025, Home Depot plans to unfastened 12 caller stores.

It is targeting a gross borderline of 33.2% and an operating borderline of 12.6%, with adjusted operating borderline expected to beryllium astir 13%.

"Home Depot trims net guidance contempt humble Q3 2025 income assistance " was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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