The Home Depot said sales for the first quarter of fiscal 2025 were $39.9 billion, an increase of 9.4% from the first quarter of the prior year, and net earnings were $3.4 billion, or $3.45 per diluted share, compared with $3.6 billion, or $3.63 per diluted share, in the same period of the prior year.

1. 01

   The Home Depot said sales for the first quarter of fiscal 2025 were $39.9 billion, an increase of 9.4% from the first quarter of the prior year, and net earnings were $3.4 billion, or $3.45 per diluted share, compared with $3.6 billion, or $3.63 per diluted share, in the same period of the prior year.

2. 02

   The company said comparable sales for Q1 decreased 0.3%, comparable sales in the U.S. increased 0.2%, and foreign exchange rates negatively impacted total company comparable sales by approximately 70 basis points.

3. 03

   The Home Depot said operating income for Q1 was $5,133 million, or an operating margin of 12.9%, compared with $5,079 million, or 13.9%, in the same period of the prior year, an increase of 1.1%, and adjusted operating margin was 13.2%, compared with 14.1% in the same period of the prior year.

4. 04

   The company reaffirmed its guidance for fiscal 2025, a 52-week year compared to the prior year's 53-week year, providing for total sales growth of approximately 2.8%, comparable sales growth of approximately 1.0%, and diluted earnings per share to decline approximately 3%.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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