Home Depot doesn’t plan to raise prices because of tariffs
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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 reported Q1 results with modest headline miss, but analyst upgrades rating to Buy and raises price target to $425.
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 thrives with U.S.-focused sourcing and diverse revenue streams. Find out why I think the HD stock is a buy amid tariff resiliency.
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.
Stocks are lower at midday, putting in jeopardy the six-day winning streak for the S&P 500. Federal Reserve officials’ commentary is anticipated to provide insights into the central bank’s outlook on inflation and interest rates,
Since the article was published, Home Depot's stock has declined 7.02%, significantly underperforming the S&P 500, which gained 1.13% during the same period.