HD doubles down on Pros with SRS integration and $1 billion in sales gains, aiming to reignite growth amid softness in DIY and big-ticket discretionary demand.
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Recently, Zacks.com users have been paying close attention to Home Depot (HD). This makes it worthwhile to examine what the stock has in store.
Lowe's said it faces housing-market headwinds and near-term economic uncertainty, but kept its 2025 earnings projections in place.
Home Depot's CEO expressed tariff resiliency on the most recent earnings call, counter to what Walmart expressed. With 50% of products sourced from within the US, the company also aims to have no more than 10% exposure to any one country outside the US. Revenue streams are diverse, with about 30% in each of the major 3 segments Home Depot sells.
‘We don't see broad-based price increases for our customers at all going forward,' exec says
Home-improvement retailers are generally better insulated to shifts in trade policy than other retailers, analysts say, but they're not immune.
HD's Q1 sales reflect gains from customer engagement in smaller projects and spring events. Earnings continue to reflect higher costs and soft margins.
On today's Catalysts, host Madison Mills and guest host Chris Versace, Tematica Research Chief Investment Officer, break down key market and political developments. Monica Guerra, Morgan Stanley Wealth Management Head of US Policy, weighs in on President Trump's tax and budget plan and the GOP divide over spending cuts.
Amid tariff pressures, Home Depot is maintaining stable prices, contrasting with other retailers like Walmart that warned of potential price hikes.