Today, The Home Depot announced its fourth-quarter and fiscal 2025 results, as customers reduce spending due to inflation concerns and economic uncertainty.
The world’s largest home improvement retailer reported that sales for the fourth quarter of fiscal 2025 were $38.2 billion, down $1.5 billion or 3.8% from the same period in fiscal 2024.
Comparable sales for the fourth quarter of fiscal 2025 increased 0.4%, and comparable sales in the U.S. increased 0.3%.
Sales for fiscal 2025 reached $164.7 billion, reflecting a $5.2 billion, or 3.2%, increase from fiscal 2024. Comparable sales for the year rose by 0.3%, with U.S. comparable sales climbing 0.5%.
Net earnings for fiscal 2025 were $14.2 billion, or $14.23 per diluted share, compared to $14.8 billion in fiscal 2024.
Ted Decker, Chair, President and CEO of Home Depot, told investors: “Throughout fiscal 2025, our teams did an incredible job engaging with our customers and growing market share, and I would like to thank them for their hard work and dedication. For the fourth quarter, our results were largely in-line with our expectations, reflecting the lack of storm activity in the third quarter and ongoing consumer uncertainty and pressure in housing. Adjusting for storms, underlying demand was relatively stable throughout the year.”
For fiscal 2026, Home Depot expects adjusted earnings to be approximately flat to up 4% from fiscal 2025’s $14.69 per share. The company expects total sales growth of about 2.5% to 4.5% and comparable sales growth to be approximately flat to up 2%.
By CEO NA Editorial Staff
