Renovation Recession
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Home Depot Stock Slips As Big Projects Dry Up: Renovation Recession
Benzinga· 2025-11-19 04:45
On Tuesday, home improvement retail giant Home Depot, Inc. (NYSE:HD) lowered its full-year profit forecast, attributing the change primarily to weaker demand, cautious consumers and a stalled housing market. HD stock is moving lower. See the real-time price action here. On the company's earnings call, Home Depot executives cited a lack of expected growth in the second half of the year, despite previously hoping for improved conditions. "While underlying demand in the business remained relatively stable, seq ...