Home Depot doesn’t plan to raise prices because of tariffs
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Home Depot reiterated full-year guidance for total revenue growth of about 2.8% and comparable-store sales growth of 1%. The company did not repurchase any shares during the quarter, but it continues to pay a dividend that is currently yielding 2.4%. Over the past five years, Home Depot has reduced its share count by more than 7%.
The world’s largest home improvement retailer said it won’t raise prices in the wake of tariff impacts, but that some products may be removed from store shelves.
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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 Trump's sweeping raft ...
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Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects. A number of U.S. companies have lowered or pulled financial guidance for investors as tariffs launched by the the Trump administration scramble world trade but on Tuesday,
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 is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.
Home Depot Inc. HD missed Wall Street’s earnings estimates as the home construction products company fell short of same-store sales projections on Tuesday. Home Depot said its first-quarter profit fell to $3.