Home Depot doesn’t plan to raise prices because of tariffs
Digest more
Q1 2025 Management View Ted Decker, Chair, President & CEO, highlighted that "Sales for the first quarter were $39.9 billion, up 9.4% from the same period last year. Comp sales declined 0.3% from the same period last year,
Home Depot (NYSE:HD) reported a solid increase in first-quarter sales, reaching USD 39,856 million, though net income and earnings per share slipped slightly. In the past month, shares rose by 6.85%,
Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.
Home Depot shares rose in premarket trading Tuesday after the home-improvement retailer's first-quarter sales came in better than analysts had expected.
On the surface, the picture looks bright – but dig a little deeper and you’ll uncover warning signs. On Tuesday, Home Depot posted Q1 sales rising 9% year-over-year to total nearly $40 billion. However,
Q1 2025 Earnings Conference Call May 20, 2025 9:00 AM ETCompany ParticipantsIsabel Janci - VP of IR and TreasurerTed Decker
Home Depot reaffirmed it forecast of total sales growth of 2.8% year-over-year, reaching $163.98 billion, below the consensus of $164.17 billion. The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the $14.99 consensus estimate.