Financial Performance and Strategy
reports a revenue increase to $39.86 billion in Q1 2025, surpassing analyst expectations, as customers engage in smaller home projects despite a challenging housing market.
The company maintains its full-year sales growth forecast at around 2.8%, attributing its ability to keep prices stable to diversified sourcing and strong supplier partnerships.
Market Challenges and Consumer Behavior
Home Depot faces a subdued housing market with consumers deferring larger projects due to high interest rates and economic uncertainty, impacting sales growth.
Despite the broader retail landscape facing potential price hikes due to tariffs, Home Depot's strategy contrasts with companies like , focusing on maintaining current pricing levels.