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%.
Home Depot (HD) investors hoping for a turnaround in the housing market may have to keep waiting. The home improvement chain posted mixed earnings on Tuesday morning as consumers reconsider home renovation projects due to the Trump administration's tariffs.
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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.
Home Depot earnings are expected to show that consumers likely pushed off home renovation projects yet again this quarter.
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.
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 ...
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,