Home Depot press release (HD): Q3 Non-GAAP EPS of $3.74 misses by $0.09.
Revenue of $41.35B (+2.8% Y/Y) beats by $230M.
Total sales include approximately $900 million from the recent acquisition of GMS Inc, which represents approximately eight weeks of sales in the quarter.
Comparable sales for the third quarter of fiscal 2025 increased 0.2%, and comparable sales in the U.S. increased 0.1%.
Adjusted(1) operating margin of approximately 13.0%
Tax rate of approximately 24.5%
Net interest expense of approximately $2.3 billion
Capital expenditures of approximately 2.5% of total sales
“Our adjusted diluted earnings per share guidance for fiscal 2025 excludes an expected after-tax impact of approximately $0.45 from acquired intangible asset amortization.”