
Is Home Depot Facing a Structural Demand Reset After Soft Q3 Comps?

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Home Depot's Q3 fiscal 2025 comparable sales growth of 0.2% raises concerns about a potential structural demand reset, especially given housing market pressures and consumer uncertainty. The company has revised its fiscal 2025 comparable sales growth forecast to be slightly positive, down from 1%. Other retailers like Floor & Decor and Lowe's are also experiencing similar industry-wide softness, suggesting broader market challenges.

