The Home Depot Inc.
American multinational home improvement retail corporation that sells tools, construction products, and services for home improvement, construction, and renovation projects.
Company Type
public
Founded
1978
Headquarters
Atlanta, Georgia, USA
Stock
NYSE: HD
About The Home Depot Inc.
Home Depot delivered mixed Q3 2025 results, reporting sales of $41.4 billion, an increase of $1.1 billion or 2.8% from Q3 2024. Total sales included approximately $900 million from the recent acquisition of GMS Inc., representing approximately eight weeks of sales in the quarter. Comparable sales increased 0.2%, with U.S. comparable sales up 0.1%.
Net earnings for Q3 2025 were $3.6 billion, or $3.62 per diluted share, compared with $3.6 billion, or $3.67 per diluted share, in the same period of fiscal 2024. Adjusted diluted earnings per share were $3.74, compared with $3.78 in the same period of fiscal 2024.
CEO Ted Decker noted that results missed expectations primarily due to the lack of storms in the third quarter, which resulted in greater than expected pressure in certain categories. He stated that while underlying demand remained relatively stable sequentially, an expected increase in demand did not materialize, attributing this to consumer uncertainty and continued pressure in housing disproportionately impacting home improvement demand.
For fiscal 2025, Home Depot updated its guidance to reflect third quarter performance, continued pressure from lack of storm activity, ongoing consumer uncertainty and housing pressure, and the inclusion of GMS. The company expects total sales growth of approximately 3.0%, with GMS contributing approximately $2.0 billion in incremental sales.
History of The Home Depot Inc.
The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank, both former executives of Handy Dan Home Improvement. After being fired from Handy Dan, they envisioned creating a new type of home improvement store that would be larger, more modern, and offer better customer service.
The first Home Depot store opened on June 22, 1979, in Atlanta, Georgia. The company's innovative warehouse-store format featured large stores with extensive product selection, knowledgeable staff, and competitive prices. The concept proved successful, and Home Depot expanded rapidly throughout the 1980s.
Home Depot went public in 1981, raising capital to fund its expansion. Throughout the 1980s and 1990s, the company grew across the United States, becoming the largest home improvement retailer in the country. The company expanded internationally in the 1990s, opening stores in Canada and later Mexico.
In 2000, Home Depot acquired Hughes Supply, a leading distributor of construction and industrial materials, expanding its presence in the professional contractor market. The company has continued to grow through both organic expansion and strategic acquisitions, including the recent acquisition of GMS Inc. in 2025.
Throughout the 2000s and 2010s, Home Depot focused on improving its supply chain, expanding its online presence, and enhancing customer experience. The company invested heavily in technology and e-commerce capabilities to compete effectively in the evolving retail landscape.
Brands Owned by The Home Depot Inc.
The Home Depot Inc. owns 0 brands in our database.
Stock Information
The Home Depot Inc. Ownership: Pros & Cons
Advantages
- +Strong Q3 2025 performance with $41.4B sales and 2.8% YoY growth
- +Market leadership position as world's largest home improvement retailer
- +Advanced digital transformation with $25+ billion e-commerce business
- +Innovative AI tools like Material List Builder AI for professional contractors
- +Strong professional contractor market through Pro Xtra program
- +Extensive store network and supply chain capabilities
- +Strategic acquisition of GMS Inc. expanding product offerings
Considerations
- -Dependence on housing market conditions and economic cycles
- -Consumer uncertainty and housing pressure impacting demand
- -Competition from other home improvement retailers and online sellers
- -Supply chain vulnerabilities affecting inventory and pricing
- -Labor challenges in retail operations
- -Balance between physical stores and digital commerce investments
- -Weather-related impacts on seasonal sales patterns
Frequently Asked Questions About The Home Depot Inc.
Is Home Depot a subsidiary of another company?
No, Home Depot is an independent, publicly traded corporation with no parent company. The company operates independently with its own management structure and board of directors, though it has grown through strategic acquisitions throughout its history.
Is Home Depot publicly traded?
Yes, Home Depot is publicly traded on the New York Stock Exchange under the ticker symbol HD. The company has been publicly traded since its IPO in 1981, allowing investors to purchase shares and own a portion of the company.
What were Home Depot's Q3 2025 financial results?
Home Depot reported Q3 2025 sales of $41.4 billion, up 2.8% from the previous year. Net earnings were $3.6 billion, or $3.62 per diluted share, with adjusted EPS of $3.74. The company updated its fiscal 2025 guidance to reflect continued consumer uncertainty and housing pressure.
Who is Home Depot's CEO?
Ted Decker serves as Chair, President, and Chief Executive Officer of Home Depot. Decker has led the company through various market challenges while focusing on digital transformation, professional market growth, and operational excellence.
What is Home Depot's digital strategy?
Home Depot's digital strategy centers on its $25+ billion e-commerce business, AI-powered tools like Material List Builder AI, and omnichannel integration. The company aims to be "the best interconnected experience in all of retail" through continued investment in technology and logistics.
How many people work at Home Depot?
Home Depot employs approximately 475,000 people worldwide across retail operations, distribution centers, professional services, and corporate functions. The company's global workforce supports millions of customers through stores, digital platforms, and professional services.
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