From CNBC: 2025-02-25 14:08:03

Home Depot reported strong fourth-quarter results, with net sales rising to $39.7 billion and EPS increasing to $3.02. Same-store sales grew by 0.8%, ending a consecutive decline streak. The company provided conservative 2025 guidance due to high interest rates impacting financing for home improvement projects. The recent stock weakness could pave the way for a rally in Home Depot shares. Executives are cautiously optimistic about the housing market rebound and are closely monitoring consumer behavior and financing trends. Home Depot continues to invest in its business to drive long-term growth, especially focusing on serving professional customers through strategic acquisitions and cross-selling opportunities. Weather remains a variable for Home Depot’s business, impacting sales growth in the fourth quarter. The company provided fiscal 2025 guidance that aligns with estimates, forecasting total sales growth of approximately 2.8% and same-store sales growth of 1%. Adjusted earnings per share are expected to decline about 2% from fiscal 2024.



Read more at CNBC:: Home Depot remains a buy after retailer clears lowered earnings bar