Home Depot will report earnings before the bell on Tuesday to attract more business from contractors and professionals amid a slower housing market. The company expects full-year sales to grow by 2.8% and comparable sales to rise about 1%. Analysts expect earnings per share of $3.84 and revenue of $41.11 billion for the fiscal third quarter.
Home Depot’s business has been impacted by a slowdown in large, lucrative projects due to higher mortgage rates. The company’s CFO mentioned a “deferral mindset” among homeowners, leading to smaller projects and a focus on the growing home professional business. Home Depot made significant acquisitions, including SRS Distribution for $18.25 billion and GMS for $4.3 billion.
Despite challenges, Home Depot’s shares are down 8% this year. The company is looking to offset the impact of the slow housing market by catering to professionals and focusing on smaller projects. Wall Street is closely watching the company’s performance in the upcoming earnings report.
Read more at CNBC: Home Depot (HD) Q3 2025 earnings
