Core Insights - The retail sector is currently under scrutiny as major retailers like Walmart, Home Depot, Lowe's, and Target prepare to report their earnings [1] Earnings Performance - 20 out of 33 retailers in the S&P 500 Index have reported earnings, showing a 20.2% increase in earnings compared to the same period last year, with revenues up by 6.9%. 55% of these companies exceeded EPS estimates, while 45% surpassed revenue estimates. The overall retail sector is projected to achieve earnings growth of 20.1% and revenue growth of 7% [2] ETF Performance - Traditional retail ETFs are gaining attention, with SPDR S&P Retail ETF (XRT) and VanEck Vectors Retail ETF (RTH) increasing by approximately 13.3% and 9.8% respectively over the past month [3] Individual Retailer Insights - Walmart has an Earnings ESP of -1.76% and a Zacks Rank of 3, with a slight negative earnings estimate revision. The company has an average earnings surprise of 7.36% over the last four quarters and is set to report on May 15 [5] - Home Depot has an Earnings ESP of +0.43% and a Zacks Rank of 3, with no revisions in earnings estimates. The average earnings surprise over the last four quarters is 2.56%, and it will report on May 20 [6] - Lowe's has an Earnings ESP of -0.16% and a Zacks Rank of 3, with no revisions in earnings estimates. The average earnings surprise is 3.89%, and it is scheduled to report on May 21 [7] - Target has an Earnings ESP of -2.45% and a Zacks Rank of 4, with a negative earnings estimate revision. The average earnings surprise is 1.48%, and it will report on May 21 [8] - Nordstrom has an Earnings ESP of -25.37% and a Zacks Rank of 2, with no revisions in earnings estimates. The average earnings surprise is -26.1%, and it is set to report on May 29 [9] - Kohl's has an Earnings ESP of +35.91% and a Zacks Rank of 3, with a positive earnings estimate revision. The average earnings surprise is -166.43%, and it will report on May 29 [10] ETF Details - SPDR S&P Retail ETF (XRT) tracks the S&P Retail Select Industry Index, holding 76 diversified stocks with no single stock exceeding 2% of the total. It has an asset under management (AUM) of $437.7 million and an average trading volume of 7 million shares [11][12] - VanEck Vectors Retail ETF (RTH) tracks the MVIS US Listed Retail 25 Index, focusing on the 26 largest retail firms. It has an AUM of $239.6 million and trades an average of 6,000 shares daily [13][14]

The market expects Home Depot (HD) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended April 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on M ...

Core Viewpoint - The meeting between CEOs of major U.S. retailers and President Trump highlights concerns over the impact of U.S. tariff policies on their import-dependent business models, especially in the context of rising consumer demand for low-priced goods after years of high inflation [1][3][5]. Group 1: Retailers' Concerns - Major retailers, including Walmart and Target, have expressed that Trump's tariff policies could lead to increased prices for consumers, further complicating an already challenging economic environment [1][3]. - Walmart's CFO indicated that approximately two-thirds of the products sold in the U.S. are domestically produced, while the remaining third is imported, with China and Mexico being key suppliers [3]. - Retailers are actively seeking ways to mitigate the impact of tariffs, including relocating production to countries with lower tariff burdens, such as India and Vietnam, although this process is expected to take several years [3][5]. Group 2: Political and Economic Implications - Trump's recent comments suggest a potential reconsideration of the high tariffs imposed on China, indicating a shift in his stance possibly influenced by the warnings from retail executives regarding supply chain disruptions [5][7]. - The urgency of addressing inflation is not only an economic issue but also a political one for Trump, as upcoming elections will heavily focus on economic performance [7].

Core Viewpoint - Home Depot's stock has experienced a decline of 12.3% over the past three months, which is better than the broader industry's 14.7% drop but worse than the Retail-Wholesale sector and S&P 500 declines of 10.5% and 7.9%, respectively [1][6] Stock Performance - The current stock price of Home Depot is $362.75, representing a 17.4% discount from its 52-week high of $439.37 and a 12% premium from its 52-week low [5] - Home Depot's stock trades above its 200-day moving averages, indicating strong upward momentum and price stability [5] Growth Drivers - Home Depot has maintained consistent growth through its "One Home Depot" strategy, focusing on technology investments, supply-chain modernization, and digital transformation [8] - The company caters to both DIY customers and professional contractors, enhancing customer loyalty and market appeal [8][9] - A vast store network and a growing online presence position Home Depot well to meet evolving consumer demands [9] Operational Challenges - Home Depot faces challenges such as softened demand and pressure in high-ticket discretionary categories, affecting total and comparable sales [10] - For fiscal 2025, the company projects a 2.8% year-over-year increase in sales, a slowdown from the 4.5% growth in fiscal 2024, with comparable sales expected to rise just 1% [10] - The gross margin is forecast to remain flat at 33.4%, and the operating margin is projected at 13% [10] Profitability Pressures - Elevated interest rates are impacting consumer behavior and financing costs, with net interest expenses expected to rise to $2.2 billion in fiscal 2025 from $2.1 billion in the prior year [11] - Home Depot anticipates a 3% decline in GAAP earnings per share and a 2% year-over-year fall in adjusted EPS [12] Earnings Estimates - Home Depot's earnings estimates for fiscal 2025 have shown an uptrend, with a 0.2% increase in the Zacks Consensus Estimate for earnings per share in the last seven days [13] - The consensus estimate for fiscal 2025 sales implies 2.7% year-over-year growth, while earnings per share suggest a decline of 1.5% [13] Valuation - Home Depot's stock is currently trading at a forward 12-month P/E multiple of 23.56X, higher than the industry average of 20.55X and the S&P 500's average of 20.65X [14][15] - Competitors like Lowe's, Williams-Sonoma, and Haverty Furniture have lower forward 12-month P/E ratios, indicating that Home Depot's valuation may seem expensive [15] Investment Outlook - Despite the premium valuation and cautious outlook, Home Depot's growth initiatives and strong Pro customer sales position it well for the long term [18] - The prevailing headwinds necessitate a thorough evaluation of recent developments before making investment decisions [19]

Core Insights - Home Depot is well-positioned to continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in the last two quarters [1][4]. Earnings Performance - For the last reported quarter, Home Depot achieved earnings of $3.13 per share, exceeding the Zacks Consensus Estimate of $3.04 per share by 2.96% [2]. - In the previous quarter, the company reported earnings of $3.78 per share against an expected $3.64 per share, resulting in a surprise of 3.85% [2]. Earnings Estimates - There has been a favorable change in earnings estimates for Home Depot, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [4][7]. - The current Earnings ESP for Home Depot is +0.43%, suggesting analysts are optimistic about its near-term earnings potential [7]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [5]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [6]. Upcoming Earnings Report - Home Depot's next earnings report is anticipated to be released on May 20, 2025 [7].

Core Insights - Wall Street Horizon provides institutional traders and investors with accurate and comprehensive forward-looking event data [1] - The company covers 9,500 companies worldwide and offers more than 40 corporate event types [1] - The data includes earnings calendars, dividend dates, option expiration dates, splits, and investor conferences [1] - By keeping clients informed of critical market-moving events and revisions, the data helps financial professionals manage volatility [1]

"During recent disaster response operations in Texas and the Los Angeles area, our teams would develop first responder kits while on-site. Our aim for this pilot program is to have them prepped and ready for future events. The 'Kid Care Kits' will include coloring books and snacks as well as a stuffed animal to help provide comfort to children who have faced the trauma of witnessing a natural disaster," said Diego Traverso, senior director of global disaster response for Operation Blessing. "With this renew ...

ATLANTA, May 6, 2025 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, announced today that it will hold its First Quarter Earnings Conference Call on Tuesday, May 20, at 9 a.m. ET. A webcast will be available by logging onto http://ir.homedepot.com/events-and-presentations and selecting the First Quarter Earnings Conference Call icon. The webcast will be archived, and the replay will be available beginning at approximately noon on May 20. The Home Depot is the world's largest ...

Group 1 - Walmart and other US retailers have notified Chinese suppliers to resume shipments, with the cost of tariffs being borne by the US buyers, indicating a resilience in the supply chain despite tariff barriers [1] - The ongoing trade dynamics reflect a strong demand in Sino-US economic relations, highlighting the importance of maintaining supply chain stability [1] Group 2 - Shanghai Airport reported a nearly 12% year-on-year increase in revenue for 2024, reaching approximately 12.4 billion yuan, with net profit doubling to nearly 2 billion yuan [2] - The growth in performance is attributed to a record passenger throughput of over 124 million at Shanghai's two major airports, surpassing pre-pandemic levels [2] - However, a decline in duty-free business revenue raises concerns about structural risks in non-aviation operations, linked to weakened consumer spending and cross-border channel shifts [2] Group 3 - Nike's After Dark Tour in Shanghai attracted over 12,000 registrations, with 3,500 female runners participating, emphasizing the brand's focus on the female sports market [3] - The initiative aligns with Nike's strategic shift under new CEO Elliott Hill, aiming to reinforce its professional sports image and capitalize on the growing trend of health-conscious female consumers [3] - To maintain competitive advantage, Nike must differentiate its products, such as through specialized women's running shoes, to avoid homogenization in the market [3] Group 4 - Hunan Mingming Hen Mang has submitted an application for listing on the Hong Kong Stock Exchange, reporting revenues of 4.286 billion yuan, 10.295 billion yuan, and 39.344 billion yuan for 2022, 2023, and 2024 respectively [4] - The company has expanded to 14,394 stores across 28 provinces, with approximately 58% located in county and township areas, demonstrating significant growth in the affordable snack sector [4] - The rapid revenue growth of nearly tenfold over three years indicates the potential of the low-tier market, but challenges remain in supply chain management and competition in the industry [4]

Group 1 - The CEOs of Walmart, Home Depot, and Target announced a resumption of all orders from Chinese suppliers, with the U.S. government fully absorbing the 145% tariffs, indicating a significant shift in the global supply chain dynamics [1][3] - Walmart's CEO warned that if tariffs remain unchanged, 30% of supermarket shelves in the U.S. could be empty within two weeks, highlighting the urgency of the situation [3] - The shipping volume from China to the U.S. has dropped by 33%, leading to a critical inventory shortage for products reliant on Chinese supply chains [3] Group 2 - Walmart placed emergency orders worth $23 billion to Chinese suppliers within 72 hours after the White House meeting, while Home Depot initiated a "Supply Chain Acceleration Plan" [5] - The CFO of Walmart revealed that the company has set aside $4.5 billion to cover tariffs, which represents 18% of its projected net profit for 2024, indicating a high-stakes gamble on tariff reductions [5] - FedEx's predictive system shows that 92% of supply chain experts believe tariffs will drop below 20% within 60 days, influencing retailers' decisions [5] Group 3 - The high tariffs have led to a 14% year-over-year increase in the U.S. import price index, with warnings of a 90% chance of economic recession by 2025 if the situation persists [7] - 58% of independent voters oppose the current administration due to rising prices, which poses a political risk for the Trump administration [7] - Trade partners like the EU and ASEAN are refusing to cooperate with U.S. pressure on China, with Mexico seizing the opportunity to increase its export share to the U.S. [7] Group 4 - The tariff conflict has exposed vulnerabilities in global supply chains, prompting a shift towards digitalization and regionalization [9] - Companies are investing in AI-driven supply chain management systems to enhance responsiveness and predict the impact of tariff changes [9] - Home Depot is investing $3 billion to build a "zero-carbon logistics network," aiming to reduce reliance on single supply chains and promote sustainability [9]