(Reuters) – Home Depot reported on sales in the first quarter on Tuesday, the American DIY specialist who benefited from a sustained demand from entrepreneurs and owners wishing to carry out small repair work.
On the New York Stock Exchange, the action took more than 2% before the bell.
Home Depot, who also confirmed his forecasting of sales growth of 2.8% for 2025, was able to take advantage of the request of his professional customers, including entrepreneurs, by increasing his investments in his supply chain, with in particular the acquisition of SRS Distribution last year.
“(…) We have noticed a continuous commitment of customers in smaller projects and during our spring events,” said Managing Director Ted Decker in a press release.
The quarterly turnover amounted to 39.86 billion dollars, up 9% in annual shift and above the expectations of analysts who tapped on an increase 8% to 39.31 billion, according to LSEG data.
(Written by Savyata Mishra in Bangalore, Noémie Naudin, edited by Augustin Turpin)
Copyright © 2025 Thomson Reuters
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
