Home Depot, Q1
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HD's Q1 sales reflect gains from customer engagement in smaller projects and spring events. Earnings continue to reflect higher costs and soft margins.
Home Depot beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance.
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Investor's Business Daily on MSNS&P 500's Home Depot Sticks By 2025 Outlook Despite Earnings Miss; Lowe's On DeckS&P 500 home improvement retail giant Home Depot reported slightly worse-than-expected first-quarter profit early Tuesday while also maintaining 2025 guidance. Peer Lowe's is on deck with first-quarter earnings and revenue due Wednesday.
Lowe's Companies (NYSE:LOW) gained in premarket action despite beating consensus estimates with its Q1 earnings report and sticking by its full-year guidance despite the macroeconomic backdrop. For the first quarter,
The Home Depot Inc (HD) reports a 9.4% revenue increase, despite pressures from high interest rates and foreign exchange impacts.
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.
Home Depot and rival Lowe's are scheduled to report quarterly financial results on Tuesday and Wednesday, respectively, with analysts largely bullish on both home improvement retailers' stocks.
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,