Home Depot has reported a mixed third quarter, revealing a 2.8% sales increase to $41.4 billion, despite missing earnings expectations. The company attributes its struggles to a combination of weak demand for big-ticket items, mild weather, and a cautious consumer base. Following this performance, Home Depot has cut its earnings outlook for the fiscal year 2025, indicating a potential recessionary trend as middle-class shoppers pull back on spending. Analysts remain focused on the implications of these results for the broader housing market, while the stock has seen a decline amid ongoing uncertainty.