India, Aug. 19 -- Home Depot Inc. reported Tuesday slightly lower profit in its second quarter, despite higher sales and comparable sales. Meanwhile, Adjusted earnings per share and top line missed market estimates. Further, the company maintained its outlook for fiscal 2025 earnings and sales growth.
In the pre-market activity on the NYSE, Home Depot shares were losing around 2 percent to trade at $386.70.
Ted Decker, chair, president and CEO, said, "Our second quarter results were in line with our expectations. The momentum that began in the back half of last year continued throughout the first half as customers engaged more broadly in smaller home improvement projects. Our teams are executing at a high level and we continue to grow mar...