It's Christmas time for Home Depot. What you need to know about this pivotal sales period
cnbc.comPublished: 5/17/2025
Summary
Home Depot is bracing for a tough second quarter as seasonal trends like warmer weather and increased outdoor activity kickstart sales, but factors like tariff uncertainty and slowing mortgage rates could weigh on performance. The company reported a solid fiscal 2024 with $20.83 billion in garden-related sales, up 1.29% year-over-year, making up about 13% of its total revenue. Analysts expect Home Depot to post Q2 revenue growth of 5.3%, but the company faces risks such as elevated mortgage rates and supply chain issues. Meanwhile, shares have dropped 2.5% year-to-date, trailing the S&P 500’s gains this year.