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Home Depot Tops Sales Forecast Despite Headwinds
HDHome Depot(HD) Schaeffers Investment Research·2025-02-25 15:14

Home Depot Inc (NYSE:HD) surpassed Wall Street’s fourth-quarter estimates, reporting earnings of 3.02pershareslightlyabovetheexpected3.02 per share -- slightly above the expected 3.01 -- while revenue came in at a higher-than-anticipated 39.70billion.Despitethisstrongshowing,thecompanystillissuedalacklusterforecastfor2025,ashigherinterestratesandhousingpriceshurtdemandforlargeremodelingprojects. Atlastglance,HDwasup2.939.70 billion. Despite this strong showing, the company still issued a lackluster forecast for 2025, as higher interest rates and housing prices hurt demand for large remodeling projects. At last glance, HD was up 2.9% to trade at 393.33, bringing it back above breakeven for 2025. On track to snap a six-d ...