New York, Nov 18, 2025 (AFP) - Home Depot lowers annual forecast on slowing demand

NAMPA / AFP

2025-11-18

US home improvement chain Home Depot lowered its forecast for the full fiscal year on Tuesday after a challenging third quarter that saw lower-than-expected demand. President and CEO Ted Decker said the results missed expectations "primarily due to the lack of storms in the third quarter, which resulted in greater than expected pressure in certain categories." Decker said in a statement that while underlying demand remained relatively stable, the......

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