Home Depot Q1 revenue rises 4.8% to $41.77 billion, in line with estimates

Earnings

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Summary · why it matters

Home Depot reported first-quarter revenues of $41.77 billion, up 4.8% year on year and in line with analysts' expectations. The quarter was mixed, with a narrow beat on earnings per share but a slight miss on gross margin estimates. CEO Ted Decker noted underlying demand was similar to fiscal 2025 despite consumer uncertainty and housing affordability pressure. The stock has risen 14.6% since the report and currently trades at $343.70. Among the six home furnishing and improvement retailers tracked, RH posted the best results relative to estimates with revenues of $800.3 million, while Floor And Decor had the weakest quarter with revenues of $1.15 billion missing expectations by 2.8%.