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

Reuters

2025/02/25

** 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

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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