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BUZZ-Home Depot falls after forecasting annual same-store sales below expectations

ReutersFeb 25, 2025 11:31 AM

Home improvement firm Home Depot's HD.N shares down 2% at $374.1 premarket

Company forecasts annual comparable sales to grow 1%, below analysts' expectations of 1.7% growth - data compiled by LSEG

Co is contending with a slowdown in spending on big-ticket projects amid a weak housing market and higher borrowing costs

Co saw a 3% decline in customer visits in the fourth quarter, Placer.ai data said

HD stock rose 12.25% in 2024

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