Home Depot beats sales estimates on stable demand, maintains forecast

Shares of the Atlanta-based retailer jumped more than 2% in premarket trading as the company also kept its fiscal 2025 forecast unchanged, with a sales growth target of 2.8%. Home Depot has benefited from demand for tools used in do-it-yourself house projects, repair and maintenance ahead of the spring season, even as budget constraints weighed on larger home renovation activities.

Reuters

53 minutes ago