Home Depot (HD) stock is in positive territory Tuesday morning after topping fourth quarter estimates on revenue and earnings. While the home improvement retailer issued a cautious full-year outlook for 2025, it saw same-store sales grow by 0.8% and store foot traffic surge by 7.6% in the quarter.
Laura Champine, director of research and senior consumer analyst at Loop Capital Markets, joins 'The Exchange' to discuss the inflection point in equity markets, if Home Depot is insulated from a weakening consumer, and much more.
While hopes for lower interest rates continue to circulate, Home Depot (HD) executives aren't betting on a dramatic turnaround in the housing market, which has been a drag on the company's performance in recent years.
Home Depot Inc HD shares were climbing on Tuesday after the company reported upbeat fourth-quarter results.
The housing market has struggled, and Home Depot (HD) shared that sentiment in its latest earnings. Eric Clark notes the company's execution story builds the foundation for future growth despite headwinds.
Here's our initial take on Home Depot's (HD 3.95%) fourth-quarter financial results.
HD's Q4 results reflect strong home improvement spending despite pressure on large remodels. HD is confident about its initiatives to strengthen the business.
The last five days of trading on the major indexes overall look like stair steps heading down to the basement. It's been a quite orderly pullback from all-time highs we saw in the early weeks of the year so far.
Home Depot (HD 3.50%) provided mixed results with its fourth-quarter earnings and forward guidance today, but the stock is in rally mode. The results brought somewhat of a relief rally after shares of the leading home improvement company declined by almost 8% in the past month.
Home Depot Inc (NYSE:HD, ETR:HDI) shares moved higher as the home improvement retailer's fourth quarter earnings beat estimates. For the quarter, earnings per share (EPS) of $3.02 narrowly beat Wall Street estimates of $3.01.
Home Depot's NYSE: HD Q4 2024 report and guidance for 2025 have plenty to be unhappy about, but the simple truth is that this company turned a corner in 2024. It is on track for its stock to hit new highs that could come before the middle of the year.
Although the revenue and EPS for Home Depot (HD) give a sense of how its business performed in the quarter ended January 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.