Home Depot: Stock Turn Anticipates Housing Recovery But Is Still Expensive

Core Insights - Home Depot (HD) reported disappointing Q3 earnings, with overall sales increasing by 2.8% compared to Q3 2024, which is a positive aspect amidst the overall underperformance [1] Financial Performance - The cost of goods sold increased in line with sales, indicating that the company managed its cost structure effectively despite the disappointing earnings [1]