Home Depot Stock Drops 7.92% in Three Days Despite Record Revenue 47th in Trading Volume

On April 7, 2025, The Home Depot, Inc. (HD) experienced a significant decline, with its stock price dropping by 3.50% over the course of three consecutive days, resulting in a total decrease of 7.92%. The trading volume for the day was substantial, with a total of 23.35 billion shares exchanged, placing it at the 47th position in terms of trading volume for the day.

Home Depot, Inc. is a leading home improvement retailer based in Atlanta, Georgia. The company reported revenues of $39.7 billion for the fourth quarter, marking a 14.1% year-over-year increase. This revenue figure surpassed analysts' expectations by 1.5%. Despite this strong top-line performance, the quarter was mixed, as the company missed analysts' EBITDA estimates while beating EPS estimates. The company's CEO, Ted Decker, attributed the strong results to increased engagement in home improvement spending, despite challenges in large remodeling projects.

Investor activism has been a notable factor affecting Home Depot's stock price. Shareholders have been actively proposing changes, which has contributed to the stock's recent price movements. Additionally, the company has been navigating a competitive landscape within the home furnishing and improvement retail industry, where adapting to new consumer behaviors and e-commerce trends is crucial for sustained growth.