Housing market sluggishness
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Home Depot stock falls after company cuts full-year outlook as consumers put off home improvement projects
Yahoo Financeยท 2025-11-18 13:16
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 ...