Home Depot (NYSE:HD) Quarterly Earnings Preview:

• TD Securities upgrades Home Depot Inc (NYSE: HD) to "Buy" with a current stock price of $367.96.
• The company plans to limit foreign sourcing to 10% by 2026 to mitigate tariff threats.
• Home Depot's market capitalization stands at $366.09 billion, showcasing its significant retail sector presence.

Home Depot Inc (NYSE: HD) is a leading home improvement retailer in the United States, offering a wide range of products, including building materials, home improvement supplies, and garden products. Competing with other major retailers like Lowe's and Menards, Home Depot is renowned for its extensive product selection and customer service.

On June 2, 2025, TD Securities changed its rating for Home Depot to "Buy," despite the action being labeled as a downgrade. At the time of this update, the stock was priced at $367.96. This decision reflects confidence in Home Depot's strategic moves, such as its plan to limit foreign sourcing to 10% by 2026. This strategy aims to reduce risks from potential new tariff threats.

Home Depot's current stock price is $367.96, showing a slight decrease of 0.33, or approximately -0.09%. The stock has experienced fluctuations today, with a low of $361.84 and a high of $368.04. Over the past year, the stock has seen a high of $439.37 and a low of $323.93. These figures indicate the stock's volatility and the market's response to Home Depot's strategies.

The company's market capitalization is approximately $366.09 billion, reflecting its significant presence in the retail sector. With a trading volume of 2,504,863 shares, Home Depot remains an active player in the stock market. The company's decision to cap foreign sourcing sets it apart from other U.S. retailers, highlighting its proactive approach to managing international trade risks.

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.

Home Depot (NYSE:HD), the world's largest home improvement retailer, recently reported its financial results for the first quarter of fiscal 2025. The company, known for its wide range of home improvement products, competes with other major retailers like Lowe's. On May 20, 2025, Home Depot announced earnings per share (EPS) of $3.56, slightly below the estimated $3.60. Despite this, the company achieved a revenue of approximately $39.86 billion, surpassing the estimated $39.30 billion.

The reported EPS of $3.56 fell short of the Zacks Consensus Estimate of $3.59, marking a negative surprise of 0.84%. This is a decrease from the $3.63 per share reported in the same quarter last year. However, in the previous quarter, Home Depot exceeded expectations with earnings of $3.13 per share against an anticipated $3.04, resulting in a positive surprise of 2.96%.

Over the past four quarters, Home Depot has surpassed consensus EPS estimates three times, demonstrating its ability to perform well despite occasional setbacks. In terms of revenue, Home Depot reported $39.86 billion for the quarter ending April 2025, exceeding the Zacks Consensus Estimate by 1.15%. This represents a significant increase from the $36.42 billion in revenue reported in the same quarter the previous year.

The company has consistently outperformed consensus revenue estimates in the last four quarters, highlighting its strong market position and effective business strategies. Despite a slight decline of 0.3% in comparable store sales, which was marginally worse than the projected 0.24% drop, sales at U.S. locations increased by 0.2%, contrary to expectations of a minor decrease.

CEO Ted Decker expressed satisfaction with the results, emphasizing continued customer engagement in smaller projects and spring events. The CFO also indicated that Home Depot plans to "generally maintain" its current price levels, suggesting stability in its pricing strategy. Home Depot's financial metrics provide further insight into its market position.

The company has a price-to-earnings (P/E) ratio of approximately 25.39, indicating the market's valuation of its earnings. The price-to-sales ratio stands at about 2.36, reflecting its market value relative to revenue. Additionally, the enterprise value to sales ratio is around 2.74, and the enterprise value to operating cash flow ratio is approximately 22.10. The debt-to-equity ratio is notably high at 9.38, indicating a significant level of debt compared to equity. Lastly, the current ratio is approximately 1.11, suggesting the company's ability to cover its short-term liabilities with its short-term assets.

• Home Depot (NYSE:HD) reported earnings per share (EPS) of $3.13, surpassing the estimated $3.04.
• The company's revenue reached $39.7 billion, exceeding the estimated $39.25 billion.
• Despite positive results, Home Depot issued weaker guidance, causing volatile share movements.

Home Depot (NYSE:HD) is a leading home improvement retailer, offering a wide range of products and services for home renovation and construction. It competes with other major retailers like Lowe's and Menards. On February 25, 2025, Home Depot reported earnings per share (EPS) of $3.13, surpassing the estimated $3.04, and revenue of $39.7 billion, exceeding the estimated $39.25 billion.

The company's strong financial performance is evident in its earnings surprise of 2.96% for the quarter, as highlighted by Jenny Horne. This marks an increase from the $2.82 per share reported in the same quarter last year. Home Depot has consistently outperformed consensus EPS estimates over the past four quarters, demonstrating its ability to deliver strong results.

In addition to impressive earnings, Home Depot's revenue of $39.7 billion for the quarter ending January 2025 exceeded the Zacks Consensus Estimate by 1.44%. This represents a significant increase from the $34.79 billion reported a year ago. The company has surpassed consensus revenue estimates in three of the last four quarters, showcasing its robust financial performance and growth in the Zacks Retail - Home Furnishings industry.

Despite the positive results, Home Depot's guidance was weaker than anticipated, contributing to volatile share movements. CEO Ted Decker noted that while there is "greater engagement" in home improvement spending, higher interest rates have led to delays in major renovation projects. CFO Richard McPhail remains optimistic, suggesting that demand will return as higher rates become the "new normal."

Home Depot's financial metrics provide further insight into its performance. The company has a price-to-earnings (P/E) ratio of approximately 25.94, indicating the price investors are willing to pay for each dollar of earnings. Its debt-to-equity ratio is notably high at approximately 10.95, reflecting a significant reliance on debt financing. Despite this, the current ratio of around 1.13 suggests good short-term financial health.

• Home Depot (NYSE:HD) reported earnings per share (EPS) of $3.13, surpassing the estimated $3.04.
• The company's revenue reached $39.7 billion, exceeding the estimated $39.25 billion.
• Despite positive results, Home Depot issued weaker guidance, causing volatile share movements.

Home Depot (NYSE:HD) is a leading home improvement retailer, offering a wide range of products and services for home renovation and construction. It competes with other major retailers like Lowe's and Menards. On February 25, 2025, Home Depot reported earnings per share (EPS) of $3.13, surpassing the estimated $3.04, and revenue of $39.7 billion, exceeding the estimated $39.25 billion.

The company's strong financial performance is evident in its earnings surprise of 2.96% for the quarter, as highlighted by Jenny Horne. This marks an increase from the $2.82 per share reported in the same quarter last year. Home Depot has consistently outperformed consensus EPS estimates over the past four quarters, demonstrating its ability to deliver strong results.

In addition to impressive earnings, Home Depot's revenue of $39.7 billion for the quarter ending January 2025 exceeded the Zacks Consensus Estimate by 1.44%. This represents a significant increase from the $34.79 billion reported a year ago. The company has surpassed consensus revenue estimates in three of the last four quarters, showcasing its robust financial performance and growth in the Zacks Retail - Home Furnishings industry.

Despite the positive results, Home Depot's guidance was weaker than anticipated, contributing to volatile share movements. CEO Ted Decker noted that while there is "greater engagement" in home improvement spending, higher interest rates have led to delays in major renovation projects. CFO Richard McPhail remains optimistic, suggesting that demand will return as higher rates become the "new normal."

Home Depot's financial metrics provide further insight into its performance. The company has a price-to-earnings (P/E) ratio of approximately 25.94, indicating the price investors are willing to pay for each dollar of earnings. Its debt-to-equity ratio is notably high at approximately 10.95, reflecting a significant reliance on debt financing. Despite this, the current ratio of around 1.13 suggests good short-term financial health.

• Home Depot (NYSE:HD) reported a $3.67 EPS, surpassing estimates and showcasing a 6.6% year-over-year sales growth.
• The company raised its full-year 2024 sales guidance to $158.78 billion, indicating a positive outlook despite a forecasted comparable sales decline.
• Key financial ratios such as the P/E ratio (27.81), and the debt-to-equity ratio (2.30), highlight Home Depot's market valuation and financial health.

Home Depot (NYSE:HD) is a leading home improvement retailer in the United States, offering a wide range of products and services for home renovation and construction. The company competes with other major retailers like Lowe's and Menards. On November 12, 2024, Home Depot reported its third-quarter earnings, showcasing strong financial performance despite a challenging economic environment.

Home Depot reported earnings per share (EPS) of $3.67, surpassing the estimated $3.64. The company's revenue reached $40.22 billion, exceeding the forecasted $39.31 billion. This impressive performance was highlighted by a 6.6% year-over-year sales growth, as noted by Benzinga. Despite a slight decline in adjusted EPS by 1.8% year-over-year to $3.78, it still exceeded expectations.

The company raised its full-year 2024 sales guidance to $158.78 billion, surpassing the previous consensus of $157.33 billion. However, Home Depot anticipates a comparable sales decline of approximately 2.5%. Despite these positive updates, Home Depot shares experienced a slight decline by midday Tuesday, reflecting broader market trends as the Dow Jones index dropped over 200 points.

Home Depot's financial metrics provide insight into its market valuation. The company's price-to-earnings (P/E) ratio is approximately 27.81, indicating the price investors are willing to pay for each dollar of earnings. The price-to-sales ratio stands at about 2.64, while the enterprise value to sales ratio is around 2.71, reflecting the company's valuation relative to its revenue.

The enterprise value to operating cash flow ratio is approximately 21.11, suggesting how the market values the company's cash-generating ability. The debt-to-equity ratio is 2.30, indicating the proportion of debt used to finance the company's assets compared to equity. Lastly, the current ratio is approximately 1.13, showing the company's ability to cover its short-term liabilities with its short-term assets.