Home Depot (NYSE:HD) reported mixed fiscal Q1 2025 results, beating revenue expectations but narrowly missing on earnings, while sticking to its full-year guidance.
The home improvement giant posted revenue of $39.86 billion, topping the $39.25 billion consensus and marking a 9.4% year-over-year increase. Adjusted earnings per share came in at $3.56, below the $3.59 estimate.
Comparable sales declined 0.3% globally but rose 0.2% in the U.S., with currency fluctuations reducing total comp sales by roughly 70 basis points.
Despite the EPS miss, management reaffirmed its fiscal 2025 outlook, calling for total sales growth of approximately 2.8%, comparable sales growth of about 1%, and a 2% decline in adjusted EPS from the $15.24 recorded in fiscal 2024.
Home Depot also plans to open 13 new stores and keep capital expenditures around 2.5% of total sales, signaling a steady investment pace despite near-term earnings pressure.