Home Depot Sales Under Pressure From High Prices, Tariff Fears

A key Home Depot Inc. sales metric is expected to slow when it reports fiscal first-quarter results, setting the company up for a longer-than-expected recovery.

The home-improvement retailer’s comparable sales had turned positive but are forecast to soften in the most recent period, according to analysts surveyed by Bloomberg. Investors will be watching Home Depot results as an indicator of how tariff concerns and weakening consumer sentiment may weigh on an already tight housing market.

“There’s more risk to the numbers than we would’ve thought at the beginning of the year,” said Michael Baker, an analyst at D.A. Davidson. ...