Home Depot (HD) reported fiscal Q1 adjusted earnings Tuesday of $3.56 per diluted share, down from $3.67 a year earlier.
Analysts polled by FactSet expected $3.60.
Net sales for the quarter ended May 4 were $39.86 billion, up from $36.42 billion a year earlier.
Analysts surveyed by FactSet expected $39.3 billion.
For fiscal 2025, the company continues to expect adjusted EPS to decline about 2% from $15.24 a year earlier, with sales growth pegged at about 2.8%.
Home Depot shares were up 1.6% in recent premarket activity.