Home Depot Warns Of Price Changes From Tariffs
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Lowe’s stock gains after it beat earnings expectations a day after Home Depot missed. Lowe’s also announced it was buying a bigger building-products company than its rival did in June.
Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns, but its performance missed Wall Street’s expectations.
The Home Depot Inc. (NYSE:HD) reported second-quarter fiscal 2025 sales of $45.277 billion, up 4.9% from $43.175 billion a year earlier, but slightly below Wall Street’s estimate of $45.356 billion. Comparable sales rose 1.
Home Depot's Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
Home Depot said tariffs will soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.
"We don't allow any organization to use our branding or logo for their commercial purposes," a Home Depot spokesperson told Newsweek.
A line of merchandise sold by the Florida Republican Party with branding for the state's newest immigration deportation facility — Deportation Depot — has been removed from the party's website. Shortly after the new facility was announced,
Several big-box U.S. retailers are set to report second-quarter earnings this week, offering a glimpse into the spending habits of U.S. consumers and the continued impact of President Trump’s trade war.
Home Depot's EPS growth has stalled despite revenue boosts. Can declining interest rates spark recovery? Explore valuation insights and growth prospects.
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