Home Depot beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance.

The Home Depot Inc (HD) reports a 9.4% revenue increase, despite pressures from high interest rates and foreign exchange impacts.

Home Depot stock rose Tuesday even after the home improvement retailer missed on earnings for the first time in five years. However, the company beat revenue estimates.Shares rose 2.5% to $388.75 in premarket trading,

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

Home Depot (NYSE:HD) reported a solid increase in first-quarter sales, reaching USD 39,856 million, though net income and earnings per share slipped slightly. In the past month, shares rose by 6.85%,

Home Depot and rival Lowe's are scheduled to report quarterly financial results on Tuesday and Wednesday, respectively, with analysts largely bullish on both home improvement retailers' stocks.

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

Home-improvement retailer Home Depot has recorded $39.9bn in net sales in the first quarter of the fiscal year 2025 (FY25) - a 9.4% rise from the corresponding quarter of the previous fiscal year. The retailer experienced a slight dip in comparable sales by 0.