Got two things to tell you right off the bat. First, US Senator Mark Kelly is here live with us tonight. He of course is a former astronaut, a a combat decorated Navy pilot. The Trump administration is now threatening him. Um, literally threatening to recall him to active duty in the Navy specifically so they can court marshall him. They want to do this because Commander Kelly committed the grave sin of reminding US service members that they must not obey illegal orders. It is literally required of US servi ...

Financial Performance - Net sales for the three months ended November 2, 2025, were $41,352 million, an increase of 2.8% compared to $40,217 million for the same period in 2024[20] - Gross profit for the nine months ended November 2, 2025, was $42,399 million, up from $40,274 million, reflecting a growth of 5.3%[20] - Operating income for the three months ended November 2, 2025, was $5,353 million, slightly down from $5,418 million in the prior year, indicating a decrease of 1.2%[20] - Net earnings for the nine months ended November 2, 2025, were $11,585 million, compared to $11,809 million for the same period in 2024, a decline of 1.9%[20] - Total net sales for the nine months ended November 2, 2025, reached $126,485 million, up from $119,810 million for the same period in 2024, indicating a year-over-year growth[45] - Net sales for Q3 2025 were $41.4 billion, a 2.8% increase from $40.2 billion in Q3 2024, driven by GMS acquisition contributing $892 million[99][113] - Net earnings for Q3 2025 were $3.6 billion, or $3.62 per diluted share, compared to $3.65 billion, or $3.67 per diluted share in Q3 2024[99][124] - Gross profit for Q3 2025 was $13.8 billion, maintaining a gross profit margin of 33.4%[118] - Gross profit for the first nine months of fiscal 2025 rose 5.3% to $42.4 billion, with a gross profit margin of 33.5%[134] Assets and Liabilities - Total assets increased to $106,274 million as of November 2, 2025, from $96,119 million as of February 2, 2025, representing a growth of 10.9%[17] - Current liabilities rose to $34,367 million as of November 2, 2025, compared to $28,661 million as of February 2, 2025, an increase of 20.0%[17] - Total receivables, net, increased to $6,765 million as of November 2, 2025, compared to $4,903 million as of February 2, 2025, reflecting a significant growth in customer receivables[31] - Net property and equipment increased to $31.3 billion as of November 2, 2025, from $29.1 billion as of February 2, 2025[50] - Total lease liabilities amounted to $12.406 billion as of November 2, 2025, compared to $11.928 billion as of February 2, 2025[51] - Goodwill increased to $22.267 billion as of November 2, 2025, from $19.475 billion as of February 2, 2025, primarily due to acquisitions[53] Cash Flow and Investments - The company reported a cash flow from operating activities of $12,978 million for the nine months ended November 2, 2025, down from $15,139 million in the prior year, a decrease of 14.3%[28] - Capital expenditures for the nine months ended November 2, 2025, were $2,621 million, compared to $2,384 million in the same period last year, an increase of 9.9%[28] - Cash collateral related to derivative instruments was $444 million and $668 million as of November 2, 2025, and February 2, 2025, respectively[72] - Net cash provided by operating activities decreased by $2.2 billion in the first nine months of fiscal 2025 compared to the same period in fiscal 2024, primarily due to changes in working capital[160] - Net cash used in investing activities decreased by $12.1 billion in the first nine months of fiscal 2025 compared to the same period in fiscal 2024, mainly due to higher cash paid for acquisitions in fiscal 2024[161] - Net cash used in financing activities in the first nine months of fiscal 2025 included $6.9 billion in cash dividends paid and $3.4 billion in repayments of long-term debt[162] Shareholder Returns - The company approved a $15.0 billion share repurchase authorization in August 2023, with approximately $11.7 billion remaining available as of November 2, 2025[74] - The company recorded cash dividends per share of $2.30 for the three months ended November 2, 2025, and $6.90 for the nine months ended November 2, 2025[73] - Approximately $11.7 billion of the $15.0 billion share repurchase authorization remained available as of November 2, 2025[151] - The company paused share repurchases in March 2024 and has not resumed share repurchase activity as of November 2, 2025, with $11.66 billion remaining under the share repurchase program[175] Acquisitions and Business Expansion - The company completed the acquisition of GMS on September 4, 2025, expanding its product offerings in the interior and construction products segment[40] - The company completed the GMS acquisition for approximately $5.5 billion, enhancing its position in the building materials distribution market[103] - Net sales attributable to GMS since the acquisition totaled $892 million for the three and nine months ended November 2, 2025[93] - The preliminary purchase price allocation for GMS included $2.6 billion in goodwill and $1.8 billion in intangible assets[88] Tax and Regulatory Matters - The effective tax rate for fiscal 2025 is not expected to be materially impacted by the One Big Beautiful Bill Act, which allows for 100% expensing of qualified property[33] - The effective income tax rate for Q3 2025 was 24.3%, slightly down from 24.4% in Q3 2024[123] - The effective income tax rate increased to 24.3% for the first nine months of fiscal 2025, compared to 23.9% in the same period of fiscal 2024[139] Operational Metrics - The company’s selling, general and administrative expenses for the three months ended November 2, 2025, were $7,134 million, compared to $6,846 million in the same period last year[42] - The company’s depreciation and amortization expenses for the nine months ended November 2, 2025, totaled $2,090 million, slightly up from $2,073 million in the prior year[42] - Operating expenses increased to $8.5 billion in Q3 2025, representing 20.5% of net sales, up from 19.9% in Q3 2024[109][120] - SG&A expenses increased by $1.9 billion, or 9.1%, to $22.9 billion, representing 18.1% of net sales[136] Market and Risk Factors - There were no material changes to market risks from those disclosed in the 2024 Form 10-K, including exposure to interest rate fluctuations and foreign currency exchange rate fluctuations[166] - There were no material changes in risk factors discussed in the 2024 Form 10-K during the first nine months of fiscal 2025[173] - The company is undergoing a business transformation initiative, which includes upgrading and migrating accounting and finance systems over the next few years[168] Sales Performance - For the three months ended November 2, 2025, net sales for the Primary segment were $37,462 million, an increase of 0.5% compared to $37,289 million for the same period in 2024[42] - The company reported a net sales increase in building materials to $13,596 million for the three months ended November 2, 2025, compared to $13,531 million for the same period in 2024[45] - Net sales in the U.S. for the three months ended November 2, 2025, were $38.126 billion, up from $37.135 billion in the prior year, representing a 2.7% increase[46] - Comparable sales increased by 0.2% in Q3 2025, with a 1.8% rise in comparable average ticket, offset by a 1.6% decrease in comparable customer transactions[110][116] - Online sales accounted for 15.2% of net sales in Q3 2025, increasing by 11.4% compared to Q3 2024[114] - Online sales accounted for 15.4% of net sales during the first nine months of fiscal 2025, increasing by 10.8% compared to the same period in fiscal 2024[131] - Comparable sales increased by 0.3%, with a 1.1% rise in comparable average ticket, offset by a 0.8% decrease in comparable customer transactions[132]

Core Viewpoint - The holiday shopping season is starting with mixed signals from retailers, indicating a divide in consumer spending behavior, particularly influenced by discounting strategies [1][2]. Retail Environment - Retailers are facing challenges in balancing discounting to attract consumers while managing their profit and loss statements amidst inflation and tariffs [3][4]. - The demand for consumer goods is expected to remain stable, with a normal level of discounting anticipated during the holiday season [4]. Key Retailers - TJX is identified as a potential "poster child" for the holiday season due to its strong value proposition and historical resilience against economic fluctuations [6]. - The company is expected to benefit from increased consumer spending during tax refund season and potential improvements in housing activity [7]. Home Improvement Sector - The home improvement sector has been slow to recover, but stabilizing interest rates may help unlock pent-up demand [8]. - Existing home sales have remained flat for three years, which poses a challenge but could shift to a neutral position, benefiting companies like Home Depot that are expected to outperform the industry [9]. Inventory Management - Retailers are navigating a complex environment regarding inventory management due to uncertainties around tariffs and trade dynamics, which complicate planning and forecasting [10][11]. - The need for safety stock is emphasized as retailers aim to avoid markdown liabilities while being prepared to meet demand when it arises [11][12].

Good Monday morning from Yahoo Fight's New York City headquarter studios. I'm Yahoo Fight's executive editor, Brian Sazi. You're seeing those opening bells on Wall Street on this holiday week. Now, I know you are in the holiday mindset with Thanksgiving and Black Friday just a few days away. I am here to say shake yourself out of the meion in mindset because this will be a busy week for markets. We have retail sales data. Best Buy earnings are out which will provide more clues on the holiday shopper. AI pla ...

So, I mean, it's a holiday shorten week. Uh, generally a lot less volume. Two reports coming out.They're delayed and a little bit backwardlookings. One hits inflation for producers. The other one retail sales.Either one of those market movers. Any other one of those that you really need to pay attention to this week. >> We think the retail sales numbers can be particularly important on the backs of what we heard last week out of Home Depot, Lowe's, Walmart, really to get a better sense of what's going on wi ...

Core Viewpoint - Home Depot's recent financial results for Q3 2025 fell short of forecasts, leading to a significant drop in stock price, attributed to a lack of storms and consumer uncertainty impacting demand [2]. Financial Performance - Home Depot reported earnings per share and sales that missed forecasts, primarily due to the lack of storms in Q3 2025, which resulted in greater than expected pressure in certain categories [2]. - The company projected same-store sales for the full year to be "slightly positive," a downgrade from the previous expectation of a 1% increase [2]. - Adjusted earnings per share are forecasted to drop by 5%, exceeding the previously projected 2% decline [2]. - Following the announcement, Home Depot's stock price fell by $21.55 per share, or 6.02%, closing at $336.48 per share on November 18, 2025 [2]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of investors regarding potential securities fraud or unlawful business practices by Home Depot and its officers/directors [1].

Core Insights - The Home Depot, Inc. is focused on creating a seamless customer experience through its "One Home Depot" investment plan, which emphasizes supply chain expansion, technology investments, and digital enhancements [1][6] Group 1: AI-Powered Solutions - The company has introduced Blueprint Takeoffs, an AI-driven tool designed to assist professional renovators and builders in generating material lists and estimates more quickly and cost-effectively [2][4] - Blueprint Takeoffs can produce complete materials lists and project quotes within days, significantly reducing the time from weeks to days for this process [2][9] - This tool is part of a broader suite of Pro services that includes trade credit, order management, and flexible delivery options, enhancing the overall efficiency and convenience for professionals [3][4] Group 2: Business Strategy and Market Position - Home Depot is committed to expanding its business and capturing market share by creating an interconnected customer experience and enhancing its Pro wallet through a unique ecosystem of capabilities [6][7] - The company's interconnected retail strategy and robust technology infrastructure have improved online conversions, driven by enhanced search capabilities and a better Pro site experience [7] - Despite a challenging year, Home Depot's shares have declined by 18.5%, which is less than the industry average decline of 24.3% [10]

BREAKING: Stocks Bounce But Tumble For Week There's a crop of profitable retail stocks for those who know where to find them. That is potentially valuable information ahead of a week in which a rush of key retail names — including Kohl's (KSS), Burlington Stores (BURL) and Dick's Sporting Goods (DKS) — are due to report. And it's no secret that the U.S. economy has, for the… Related news Dow Jones Titan Leads Four Stocks Near Buy Points 7:32 AM ETDow Jones component and insurance stock Travelers is at an al ...

Company Overview - Lowe's Companies, Inc. is a leading home improvement retailer in the United States, known for its extensive product selection and customer service [1] Stock Performance - Lowe's stock is currently priced at $228.41, reflecting a 4.03% increase or $8.84 from the previous trading price [3] - The stock has fluctuated between $224.26 and $232.97 during the trading day, with a yearly high of $280.64 and a low of $206.39, indicating significant volatility [3] - The market capitalization of Lowe's stands at approximately $128.1 billion, showcasing its substantial presence in the industry [4] Analyst Insights - Michael Baker from D.A. Davidson has set a price target of $250 for Lowe's, suggesting an 8.47% potential upside from the current trading price [2][6] - The high trading volume of 7,651,902 shares on the NYSE indicates active trading and strong investor engagement with Lowe's stock [4][6] Market Context - The comparison between Lowe's and Home Depot highlights the challenges posed by a stagnant housing market, yet Lowe's is positioned as a strong contender in the home improvement sector with promising growth prospects [5]

Core Insights - Walmart reported impressive third-quarter earnings, beating expectations with earnings per share (EPS) of 62 cents, which was 2 cents higher than anticipated, and revenue of $179.5 billion, exceeding the expected $177 billion [3][4] - The company raised its full-year sales and earnings outlook for the second consecutive quarter, projecting a 5% increase in sales and adjusted earnings in the range of $258 to $263 million [7][10] E-commerce Performance - Walmart experienced significant e-commerce growth, with global sales up 27% and U.S. e-commerce sales increasing by 28%, driven by store-filled delivery of online orders and growth in advertising and third-party marketplace [4][5] - Revenue related to faster deliveries, which can reach 95% of U.S. households in under 3 hours, rose by 70% year-over-year, particularly benefiting from affluent customers [9] Consumer Behavior - There was a nearly 2% rise in foot traffic and a nearly 3% increase in the average ticket price in U.S. stores, with comparable store sales rising by 4.5%, surpassing the expected 4% growth [6][7] - The CFO noted that consumer habits remained stable, with shoppers spending selectively and seeking deals, while higher-income customers increasingly turned to Walmart for relief from rising prices [8] Market Reaction - Following Walmart's report, shares rose by 8.5%, positively impacting other retailers such as Target, Costco, and Home Depot, which also saw stock increases [14]