Home Depot is set to report quarterly earnings, expecting $4.71 EPS and $45.36 billion in revenue. CEO Ted Decker noted a slowdown in big projects due to higher interest rates, prompting Home Depot to focus on professional home service providers. The company acquired SRS Distribution for $18.25 billion and GMS for $4.3 billion to diversify offerings.

Despite a sluggish real estate market and high borrowing costs, Home Depot plans to maintain pricing levels amid tariffs. While other retailers like Walmart warn of price hikes due to tariffs, Home Depot aims for 2.8% total sales growth and 1% comparable sales growth for the year. The company has diversified imports to reduce reliance on China.

Read more at CNBC: Home Depot (HD) earnings Q2 2025