Home Depot’s sales improve
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The company's full-year forecast assumes no substantial change in the number of consumers revamping their homes.
Home Depot kept its annual forecasts intact despite posting muted quarterly results on Tuesday, but said some products may see small price hikes due to tariffs after previously suggesting they would generally not change.
In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers
The home-improvement chain is now one of the companies most caught up in Trump's immigration crackdown. The retailer's history with day laborers is long. So far, it's choosing to keep its distance.
Lowe’s stock gains after it beat earnings expectations a day after Home Depot missed. Lowe’s also announced it was buying a bigger building-products company than its rival did in June.
Home Depot Inc (NYSE: HD) stock falls after Q2 results, but analysts remain bullish with increased price targets. $HD
For some imported goods, tariff rates are significantly higher today than they were at this time last quarter, according to Home Depot.
Home improvement retailer The Home Depot has recorded $45.3bn sales for the second quarter (Q2) of fiscal 2025 - a 4.9% rise from the previous year. The growth comes despite a minor impact from foreign exchange rates on total company comparable sales,