Home Depot, Earnings Call
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Home Depot beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance.
HD's Q1 sales reflect gains from customer engagement in smaller projects and spring events. Earnings continue to reflect higher costs and soft margins.
Home Depot reaffirmed it forecast of total sales growth of 2.8% year-over-year, reaching $163.98 billion, below the consensus of $164.17 billion. The company anticipates adjusted earnings per share will decline about 2% to $14.94, lower than the $14.99 consensus estimate.
Home Depot (HD) came out with quarterly earnings of $3.56 per share, missing the Zacks Consensus Estimate of $3.59 per share. This compares to earnings of $3.63 per share a year ago. These figures ...
Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects
Lowe's Companies ( NYSE: LOW) gained in premarket action despite beating consensus estimates with its Q1 earnings report and sticking by its full-year guidance despite the macroeconomic backdrop.
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Investor's Business Daily on MSNS&P 500's Home Depot Sticks By 2025 Outlook Despite Earnings Miss; Lowe's On DeckS&P 500 home improvement retail giant Home Depot reported slightly worse-than-expected first-quarter profit early Tuesday while also maintaining 2025 guidance. Peer Lowe's is on deck with first-quarter earnings and revenue due Wednesday.