The home improvement retailer, which has experienced sluggish sales, also said the price strategy could help it compete better with rivals.

Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.

The maintained forecast comes during a period when numerous corporations have either revised or withdrawn financial guidance due to rapidly changing tariff policies from the current presidential administration. Home Depot’s willingness to maintain its outlook suggests confidence in its ability to navigate these uncertain trade conditions.