From Yahoo Finance: 2025-05-20 10:29:00

Home Depot investors saw mixed earnings with a 9.4% revenue jump, but net earnings per share declined 3%. Same-store sales fell 0.3%, impacted by foreign exchange rates. CEO expects growth to solidify next year. Shares edged up 1% as investors remain optimistic about the company’s performance.

Tariff uncertainty continues to weigh on Home Depot. The company plans to diversify sourcing instead of raising prices. Moody’s downgraded US credit rating, leading to higher Treasury yields. Homebuilder confidence deteriorated, creating more headwinds for the sector.

Home Depot reiterated its full-year guidance, expecting net sales to grow by 2.8% and same-store sales to increase by 1%. The company remains a long-term winner in retail with its strong customer base. Pro customer base holds a significant opportunity for growth. CEO remains confident in the company’s position despite external factors.

Read more: Home Depot stock rises despite earnings miss as it navigates Trump’s tariffs