Home Depot on Tuesday reported weaker-than-expected first-quarter earnings, though sales topped Wall Street estimates. The Atlanta-based home improvement retailer reaffirmed its full-year 2025 guidance,

Home Depot (HD) will be kicking off the earnings week for major retailers, releasing first quarter results before Tuesday's market open. Yahoo Finance senior retail reporter Brooke DiPalma comes on Market Domination Overtime to explain what Wall Street is expecting out of the home improvement store's latest figures and guidance forecasts,

Home Depot (NYSE: HD) reaffirmed its fiscal 2025 guidance, projecting total sales growth of approximately 2.8% and comparable sales growth of about 1.0% for the comparable 52-week period. The company expects adjusted diluted earnings per share to decline approximately 2% from $15.24 in fiscal 2024.

The Home Depot reported adjusted earnings per share (EPS) of $3.56 or 3 cents behind the Wall Street consensus. As expected, adjusted EPS was down from the year ago figure of $3.67. Revenue of $39.86 billion, however, was $610 million above consensus and rose 9.5% from a year earlier.

Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.

Analysts expect a muted report from the home improvement giant, reflecting softer demand and fewer store visits amid a sluggish housing market.

Evercore ISI has boosted its stance on Home Depot (NYSE:HD), adding the home improvement giant to its Tactical Outperform list just ahead of its upcoming Q1 earnings announcement scheduled for May 20.

S&P 500 home improvement retail giants Home Depot and Lowe's report first-quarter earnings and revenue this week with analysts and investors looking for insight into inventory levels, the 2025 outlook and commentary on President Donald Trump's tariff policies.