Home Depot profits down to ‘due to the lack of storms’ – ‘Benign hurricane season drove down demand’ – CEO Ted Deck said primary driver of lower sales was lack of hurricanes

https://www.cnbc.com/2025/11/18/home-depot-hd-q3-2025-earnings-.html

CNBC: Home Depot on Tuesday cut its full-year profit forecast and missed Wall Street’s earnings expectations for the third straight quarter as it saw weaker home improvement demand, tepid consumer spending, and lower-than-usual storm activity. …

CEO Ted Decker said on an earnings call that the primary driver of that deceleration was the lack of storm activity — particularly when lapping a year-ago period with a lot of hurricanes. He said that pressure will continue into the fourth quarter.

Home Depot missed Q3 exp. $HD -4%

– Lack of hurricanes hurt y/y comps ‍♂️ did you mark the hurricane boost last year as a special event?)

– expected demand uplift didn’t materialize in Q3 – consumer caution

Guiding flat sales next qtr.

Ex-growth, cash cow.
23x P/E is rich pic.twitter.com/GHlCBFu3um

— Drohi – ReSSRection (@i_Drohi) November 18, 2025

“Home Depot cited US consumer worries over affordability and jobs as it cut its outlook for the financial year, a move that sent its shares down… The primary reason for the slowdown was a benign hurricane season that drove down demand for products such as roofing shingles,… https://t.co/HY6xEq3tn1

— The Honest Broker (@RogerPielkeJr) November 19, 2025

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