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Home Depot flags choppy demand for big remodels as uncertainty weighs
Reuters Videos84d agoneutralVIDEO
Home Depot flags choppy demand for big remodels as uncertainty weighs

<body><p>STORY: Home Depot on Tuesday said Americans are scaling back on large home remodeling projects as they grapple with economic uncertainty and a subdued housing market.</p><p>:: Home Depot handout</p><p>The big box retailer kicked off a big week of corporate earnings results by beating both sales and profit estimates, but warned that its customers remain cautious.</p><p>U.S. consumer sentiment slumped to a record low in early May as the war in Iran fanned inflation pressures and strained household finances.</p><p>That's kept spending on home improvement projects muted amid elevated mortgage rates and high home prices.</p><p>:: Home Depot handout</p><p>Going forward, Home Depot expects both sales and profit to be in the range of flat to a small rise.</p><p>The company said elevated fuel costs are also pressuring the business through both transportation and input expenses, but noted that tariff refunds could help significantly.</p><p>Results from fellow U.S. retailers this week are likely to shed more light on the state of the consumer.</p><p>Rival Lowe's and big-box retailer Target are set to report on Wednesday, followed on Thursday by sector bellwether Walmart.</p></body>

Home Depot tops first quarter earnings estimates on steady demand trends
Proactive84d agobullish
Home Depot tops first quarter earnings estimates on steady demand trends

Home Depot Inc (NYSE:HD, XETRA:HDI) reported first quarter fiscal 2026 results that topped Wall Street expectations for both earnings and revenue, while posting modest comparable sales growth. The home improvement retailer’s adjusted earnings per share (EPS) came in at $3.43, ahead of analyst...

Home Depot Q1 Earnings Call Highlights
MarketBeat84d agoneutral
Home Depot Q1 Earnings Call Highlights

Home Depot (NYSE:HD) reported first-quarter fiscal 2026 results that were in line with management’s expectations, with modest comparable-sales growth despite continued pressure from housing affordability, higher interest rates and cautious consumer behavior around large projects. The home improveme

What investors need to know about Home Depot right now
Yahoo Finance Video84d agoneutralVIDEO
What investors need to know about Home Depot right now

Yahoo Finance Executive Editor Brian Sozzi and Senior Reporter Brooke DiPalma welcome Innovator Capital Management Chief Investment Strategist Tim Urbanowicz to break down Opening Bid's Stock of the Day, Home Depot (HD).