Overview

• Home Depot reported Q1 2025 earnings of $3.56 per share, matching analyst expectations, on $39.86 billion in sales, exceeding forecasts.
• Comparable store sales declined 0.3% overall but rose 0.2% in U.S. locations, reflecting a shift toward smaller home improvement projects.
• The company reaffirmed its full-year guidance, projecting 2.8% total sales growth, 1% comparable sales growth, and a 2% decline in adjusted EPS.
• Despite tariff-related cost pressures, CFO Richard McPhail confirmed that Home Depot will maintain current pricing levels, leveraging supplier relationships and productivity improvements.
• Shares rose 2% in premarket trading as investors responded positively to the retailer's sales performance and steady outlook.