Stock Pulse
Home Depot (HD) reported better-than-expected Q4 2024 earnings with positive comparable sales growth for the first time in eight quarters, driven by strength in the professional customer segment [3], [7], [9], [10]. However, the company issued weak guidance, forecasting a 2% decline in profit-per-share for 2025 and a modest sales increase of 2.8% [3], [10]. While the stock price initially reacted positively to the Q4 results, it later declined due to broader market concerns, including a new tariff threat [1], [7], [9]. The company continues to invest in long-term growth strategies, such as expanding its flatbed distribution center network to improve delivery and enhance its "One Home Depot" plan [4], [5]. Despite current market headwinds and a high P/E ratio, Home Depot's strong free cash flow, consistent dividend growth, and strategic focus on the pro market suggest potential for long-term value [4], [6].