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AAP
AAP
Business
MICHELLE CHAPMAN (AP Business Writer)

Home Depot profit falls, but it tops expectations in the face of growing economic uncertainty

Home Depot United States

Home Depot got a lift in the first quarter from professionals and also homeowners stocking up on spring supplies.

Profit fell from its first quarter last year, but the national home improvement retailer beat Wall Street expectations.

"The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure," CEO Ted Decker said Tuesday.

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