Home Depot, tariffs
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GlobalData on MSNHome Depot meets Q2 2025 expectations with 4.9% sales growth
Home improvement retailer The Home Depot has recorded $45.3bn sales for the second quarter (Q2) of fiscal 2025 - a 4.9% rise from the previous year. The growth comes despite a minor impact from foreign exchange rates on total company comparable sales,
Big-ticket remodels slowed, traffic dipped, and tariffs loomed — but Home Depot held its guidance and showed just enough promise to send shares up 4%
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
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.
In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers
Home Depot reported weaker-than-expected quarterly earnings and sales, signaling there still hasn’t been a full-on rebound for home improvement.
Home Depot spokesperson says the company ‘did not approve’ the new merchandise line tied to the upcoming Deportation Depot immigration detention center
The home-improvement chain is now one of the companies most caught up in Trump's immigration crackdown. The retailer's history with day laborers is long. So far, it's choosing to keep its distance.