Home Depot’s Q3 2025 sales increased to $41.4bn, with a 2.8% rise compared to last year. Net earnings remained at $3.6bn, but diluted earnings per share dropped to $3.62. Operating income also decreased to $5.35bn. The retailer cited softer demand and macroeconomic pressures for the earnings outlook cut.

The sales boost was partially due to the acquisition of GMS, contributing around $900m. Comparable sales in the US rose by 0.1%. Home Depot expects full-year sales to grow by 3%, with GMS adding $2bn in revenue. Adjusted earnings per share are forecasted to decline by 5%.

CEO Ted Decker mentioned that lack of storms in Q3 and consumer uncertainty impacted sales. Home Depot plans to open 12 new stores in fiscal 2025. The company is aiming for a gross margin of 33.2% and an operating margin of 12.6%, with adjusted operating margin expected to be around 13%.

Read more at Yahoo Finance: Home Depot trims earnings guidance despite modest Q3 2025 sales lift