Home Depot maintained its full-year sales forecast, defying tariff-related price hikes. Despite missing first-quarter earnings expectations but exceeding sales estimates, the company cited diversified sourcing and operational efficiencies. Comparable sales slightly decreased, although April showed improvement. Home Depot attributes this to a challenging housing market and higher interest rates, impacting larger home improvement projects. The company emphasizes its focus on professional customers and the resilience of its affluent customer base.

Prepared by Christopher Adams and reviewed by editorial team.