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Home Depot beats quarterly sales estimates
May 26, 2025 10:42 AM

May 20 (Reuters) - Home Depot ( HD ) beat Wall Street

estimates for first-quarter sales on Tuesday as the world's

largest home improvement retailer enjoyed steady demand from

professional contractors and small-scale repair works by

existing homeowners.

The company posted net sales of $39.86 billion for the

quarter ended May 4, a 9% jump from last year. Analysts on

average had expected an 8% rise to $39.31 billion, according to

data compiled by LSEG.

(Reporting by Savyata Mishra in Bengaluru; Editing by Devika

Syamnath)

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