Home Depot Warns Of Price Changes From Tariffs
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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's Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
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 EPS growth has stalled despite revenue boosts. Can declining interest rates spark recovery? Explore valuation insights and growth prospects.
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,
Home Depot kept its annual forecasts intact despite posting muted quarterly results on Tuesday, but said some products may see small price hikes due to tariffs after previously suggesting they would generally not change.