Overview
- Home Depot will release its fiscal Q1 2025 earnings on May 20, with analysts expecting $3.59 EPS and $39.32 billion in revenue.
- The company recently ended an eight-quarter streak of declining comparable sales, posting a 0.8% increase in the prior quarter.
- Persistent macroeconomic challenges, including high mortgage rates and rising import tariffs, continue to pressure costs and consumer demand.
- Home Depot's acquisition of SRS Distribution for $18.25 billion highlights its focus on growing its professional contractor business.
- Despite a seasonal sales boost in spring, Home Depot's shares are down 2% year-to-date, underperforming the broader S&P 500.