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Home Depot CFO Richard McPhail joins 'Closing Bell Overtime' to talk domestic production, its supply chain, the labor market, and more.
Tariffs pose a big uncertainty for many businesses and investors for the foreseeable future. How big they will be and how long they will be imposed are two of the biggest unknowns, and that can make it difficult to predict how the stock market will perform.
ATLANTA , May 29, 2025 /PRNewswire/ -- The Home Depot ® , the world's largest home improvement retailer, today announced that Angie Brown has been named executive vice president (EVP) and chief information officer (CIO). As CIO, Brown will be responsible for all aspects of the company's technology strategy, infrastructure, cybersecurity and software development for The Home Depot's 2,350 retail stores and more than 790 branches, its supply chain facilities, store support centers and online systems.
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Over the very long term, the S&P 500 (^GSPC -0.56%) has produced an annualized return of about 10%, a figure that includes dividends. That's a respectable gain, but some companies have performed significantly better.
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Home Depot, whose first-quarter earnings fell just below analyst expectations despite beating revenue projections, according to FactSet, reported the company will hold onto its forecast for full-year sales. Chief Financial Officer Richard McPhail told CNBC that, “because of our scale” and Home Depot's “great partnerships” with suppliers, the company plans to “generally maintain our current pricing levels across our portfolio.
Recently, Zacks.com users have been paying close attention to Home Depot (HD). This makes it worthwhile to examine what the stock has in store.
With $163 billion in trailing-12-month sales, Home Depot (HD -0.77%) is not only the clear leader in the home improvement industry, but it's undoubtedly one of the biggest retailers in the world. Shares have performed well in the past decade, producing a total return of 319%.
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