Home Depot, Q1
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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 beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance.
The Home Depot Inc (HD) reports a 9.4% revenue increase, despite pressures from high interest rates and foreign exchange impacts.
Home Depot (NYSE: HD) reported Q1 2025 results, sales up 9.4%, reaffirms full-year outlook. Net cash provided by operating activities at $4.33b.
Home Depot and rival Lowe's are scheduled to report quarterly financial results on Tuesday and Wednesday, respectively, with analysts largely bullish on both home improvement retailers' stocks.
Analysts expect a muted report from the home improvement giant, reflecting softer demand and fewer store visits amid a sluggish housing market.
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.
Home-improvement retailer Home Depot has recorded $39.9bn in net sales in the first quarter of the fiscal year 2025 (FY25) - a 9.4% rise from the corresponding quarter of the previous fiscal year. The retailer experienced a slight dip in comparable sales by 0.