Home Depot reported lower third-quarter profit and lowered its full-year outlook as an extended downturn in home improvement activity shows little sign of ending. ...

Core Insights - Home Depot's stock dropped over 4% to $341.88 in pre-market trading due to disappointing third-quarter earnings and same-store sales figures [1] Financial Performance - Third-quarter net sales were $41.35 billion, exceeding the estimate of $40.97 billion [1] - Same-store sales increased by 0.2%, below the expected growth of 1.36% [1] - Adjusted earnings per share were $3.74, slightly lower than the forecast of $3.84 [1] Market Conditions - The overall real estate market is showing weakness, impacting demand for roofing, generators, and other categories [1] - Weather events, such as storms, have also contributed to reduced demand [1] Future Outlook - Home Depot expects full-year revenue growth to be approximately 3%, an increase from the previous estimate of about 2.8% [1]

智通财经APP获悉，周二，家得宝(HD.US)盘前跌逾4%，报341.88美元。消息面上，家得宝三季度利润 和同店销售额均低于预期，原因在于整体房地产市场表现疲软，以及风暴等事件减少抑制了屋顶、发电 机及其他类别的需求。家得宝第三季度销售净额413.5亿美元，预估409.7亿美元；同店销售额增长 0.2%，预估增长1.36%；调整后每股收益3.74美元，预估3.84美元。家得宝预计全年营收变动大约增长 3%，此前预计大约增长2.8%。 ...

Markets continue to bleed in the early going, with stocks, cryptocurrencies, gold and silver all sliding further. Bonds are up a bit, while the dollar is flattish. To get more articles and chart analysis from MoneyShow, subscribe to our Top Pros’ Top Picks newsletter here.) What stands out about the recent selloff? It’s taking down “everything,” from stocks to Bitcoin to traditional safe havens like precious metals. The benchmark cryptocurrency briefly pierced $90,000 to the downside overnight, for insta ...

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Core Viewpoint - Home Depot's recent quarterly results showed lower-than-expected profits and same-store sales, attributed to a weak overall real estate market and reduced demand due to events like storms [1][5] Financial Performance - Q3 revenue increased by 2.8% year-over-year to $41.4 billion, slightly above market expectations [1] - Same-store sales grew by only 0.2%, falling short of the anticipated 1.4% [1] - Adjusted operating profit for Q3 was $5.35 billion, with an adjusted operating margin of 13.0% [5] - Adjusted non-GAAP earnings per share were $3.74, below market expectations of $3.83 and down from $4.67 year-over-year [5] - The company lowered its full-year earnings forecast, now expecting a 5% decline in adjusted earnings per share compared to the previous guidance of a 2% decline [5] Market Conditions - The U.S. real estate market remains stagnant, with high living costs and economic concerns hindering home purchases [6][7] - High interest rates have led many households to abandon plans for home buying and renovations, opting instead for smaller projects [7] - The company is experiencing its first sales slowdown in a decade, impacted by tariffs and rising costs [7] Consumer Behavior - Approximately 90% of Home Depot's DIY customers own their homes, but consumers across all income levels are hesitant to undertake large investment projects [6] - The company noted a decline in customer transactions, with a 1.6% drop in same-store transaction volume, while the average transaction value increased by 1.8% [1][5] - Despite a positive outlook for holiday shopping, overall consumer confidence is affected by high interest rates and employment issues [9]

Core Points - U.S. stock futures are lower, with Dow futures down approximately 200 points [1] - Helmerich and Payne Inc reported a fourth-quarter loss of 1 cent per share, with quarterly sales of $1.012 billion, exceeding analyst expectations of $973.678 million [1] - Helmerich and Payne shares fell 7% to $25.69 in pre-market trading [1] Company Movements - Alpha Technology Group Ltd shares decreased by 19% to $17.50 after a significant surge of 132% on Monday [4] - Invivyd Inc shares fell 13.4% to $2.46 following the announcement of a $125 million public offering [4] - Nice Ltd shares dropped 7.3% to $112.00 after a 9% decline on the previous day [4] - H World Group Ltd shares fell 6.7% to $41.95 despite reporting better-than-expected third-quarter results [4] - Fulcrum Therapeutics Inc shares decreased by 6.6% to $9.01 after a 12% gain on Monday [4] - Rocket Pharmaceuticals Inc shares declined 6% to $2.86 [4] - OBOOK Holdings Inc shares fell 5.6% to $7.53 [4] - Iperionx Ltd shares decreased by 5% to $33.00 [4] - Home Depot Inc shares slipped 2% to $351.01 after reporting worse-than-expected third-quarter adjusted EPS and lowering FY25 adjusted EPS outlook [4]

Home Depot (HD) stock fell 4% early Tuesday after the home improvement retailer reported third quarter results that missed forecasts and lowered its full-year outlook as the US housing market remains sluggish. The company expects same-store sales for the full year to be "slightly positive," whereas it had previously expected a 1% increase for 2025. Full-year profits are also now expected to fall more sharply, with adjusted earnings per share forecast to drop by 5%, more than the 2% decline the company ex ...

Home Depot (HD) came out with quarterly earnings of $3.74 per share, missing the Zacks Consensus Estimate of $3.81 per share. This compares to earnings of $3.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.84%. A quarter ago, it was expected that this home-improvement retailer would post earnings of $4.71 per share when it actually produced earnings of $4.68, delivering a surprise of -0.64%.Over the last four quarters, t ...

Market Overview - US stock index futures are all down ahead of the market opening, with Dow futures down 0.68%, S&P 500 futures down 0.57%, and Nasdaq futures down 0.72% [1] - European indices also show declines, with Germany's DAX down 1.40%, UK's FTSE 100 down 1.37%, France's CAC40 down 1.42%, and the Euro Stoxx 50 down 1.46% [2][3] - WTI crude oil is up 0.02% at $59.87 per barrel, while Brent crude oil is down 0.05% at $64.17 per barrel [4] Economic and Monetary Policy Insights - Analysts warn of a potential market correction as the S&P 500 index closes below its 50-day moving average for the first time in 139 trading days, breaking a record for the second-longest period above this trend line in the century [4] - The Nasdaq also falls below its 50-day moving average, ending the longest streak since October 1995, with more stocks hitting 52-week lows than highs, indicating weak market internals [4] - Federal Reserve Vice Chair Jefferson emphasizes a cautious approach to further rate cuts, citing a softening job market and recent easing inflation risks [5] - UBS predicts a strong likelihood of a rate cut in December, despite internal disagreements within the Federal Reserve [6] Oil Market Forecast - Goldman Sachs warns of a continued decline in oil prices until 2026 due to a supply surplus of approximately 2 million barrels per day, forecasting Brent crude at $56 per barrel and WTI at $52 per barrel by 2026 [7][8] Company-Specific Developments - Apple (AAPL.US) sees a 37% increase in iPhone 17 sales in China, regaining a 20% market share, indicating strong consumer response to new models [9] - Google (GOOGL.US) CEO warns of irrational factors in the current AI market, suggesting that no company, including Google, is immune to potential market corrections [9] - Arm (ARM.US) partners with Nvidia (NVDA.US) to integrate NVLink technology into its Neoverse platform, enhancing collaboration in AI data center chips [9] - Home Depot (HD.US) reports Q3 sales of $41.35 billion, with same-store sales growth of only 0.2%, below expectations [10] - Axalta (AXTA.US) announces a merger with AkzoNobel to create a $25 billion global coatings company, expected to complete by late 2026 or early 2027 [10] - Baidu (BIDU.US) reports Q3 revenue of 31.2 billion yuan, with AI-related business revenue growing over 50% [11] - Futu Holdings (FUTU.US) shows a significant increase in Q3 revenue by 86.3% year-on-year, with net profit up 136.9% [12] - Weibo (WB.US) reports a net profit of $454 million for Q3, a 55.43% increase year-on-year, despite a slight decline in total revenue [13]