Home Depot tops expectations in the fourth quarter, but customers pull back on spending

Home Depot CEO flags a disconcerting lack of faith in the American economy: 'Our customers are telling us that they’re not investing'

Home Depot is struggling to beat a stalling housing market as customers delay their home improvement projects, CEO Ted Decker said.  While the company defied analysts’ expectations on Tuesday’s Q4 earnings call—after three straight quarters of missing them—executives highlighted macro challenges to the business. To start, the housing market is stalled. Despite mortgage rates remaining at a three-year low, homebuyers are not budging. Home sales o…

Home Depot Powers Past Housing Market Struggles to Notch Earnings Win

Home Depot has remodeled Wall Street’s outlook on its stock.  Shares of the home improvement giant climbed 2% on Tuesday after the company’s performance beat analysts’ expectations during the last three months of its fiscal 2025 despite a lackluster housing market and drooping consumer confidence. Home Depot’s adjusted earnings per share of $2.72 topped the $2.53 average estimate of analysts polled by FactSet. While sales fell nearly 4% to $38.2…

Home Depot beats Q4 expectations even as housing market remains challenged

While larger discretionary projects remain under pressure, the retailer comped positively in eight of its 16 merchandising departments.

Home Depot says homeowners are holding back over concerns about 'housing affordability and job losses'

Continued uncertainty is the number one reason Home Depot customers say they aren't investing in large projects, CEO Ted Decker said.Justin Sullivan/Getty ImagesHome Depot continues to weather sluggish sales as part of a larger home improvement slump.Customers tell the company they're delaying moves and renovations over financial worries."Hopefully we're bouncing along the bottom of turnover," CEO Ted Decker said of the housing market.It's hard …

Home Depot Beats Estimates for First Time in a Year as Shares Jump 3.5%

Quick Read Home Depot (HD) beat adjusted EPS expectations at $2.72 versus $2.54 consensus for the first time in a year. Home Depot’s CFO said consumers have been in a frozen housing environment for three years with no thaw yet. Customer transactions fell 1.6% but average ticket rose 2.4% as existing shoppers spent more per visit. Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins. …

Home Depot Tops Estimates Despite Slump In Home Improvement Sales

Home Depot beat Wall Street earnings and revenue expectations despite a quarterly sales decline, underscoring resilience in a weak housing market. The retailer reported a roughly 4 percent drop in fourth-quarter sales as higher interest rates, low home turnover, and cautious consumer spending weighed on demand. Even so, earnings reached $2.72 per share on revenue of $38.2 billion, topping analyst forecasts. Comparable sales edged higher, and lar…