NEW YORK, Nov. 18 (Xinhua) -- U.S.-based multinational home improvement retailer Home Depot on Tuesday reported a 1.3 percent year-over-year decrease in third-quarter net earnings to 3.6 billion U.S. dollars and cut its performance guidance for fiscal year 2025.
Adjusted diluted earnings per share for the quarter ended Nov. 2 slipped to 3.74 dollars, down from 3.78 dollars a year earlier. The company also lowered its guidance on gross margin for fiscal year 2025 to 33.2 percent from 33.4 percent.
