Home Depot doesn’t plan to raise prices because of tariffs
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Home Depot (NYSE: HD) missed earnings expectations, but the company's sales came in stronger than expected. Shares of Home Depot traded up as much as 3% early in the day, but were down 1% at 1 p.m. ET.
Home improvement retailers saw mixed first quarter results this week: Home Depot (HD) reported a slight earnings miss while beating on revenue, Lowe's (LOW) beat earnings forecasts while its revenue came in line with Wall Street expectations.
As Home Depot and Lowe’s get set to report earnings this week, April sales data from independent firms have investors gauging the likelihood of recession against the uncertainty of tariff whiplash.
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The company expects comparable sales growth of approximately 1% for the comparable 52-week period. Home Depot's results come as retailers are wrestling with the fallout from President Donald Trump ...
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,