Home Depot (HD) reported second quarter results that missed on revenue, earnings, and same-store sales growth. Yet shares are rising in pre-market trading on hopes that consumers focusing on small home improvement projects could benefit the retailer.

Home Depot kept its annual forecasts intact despite posting muted quarterly results on Tuesday, but said some products may see small price hikes due to tariffs after previously suggesting they would generally not change.

The home improvement retailer said it would be implementing "modest" price increases for imported goods due to "higher" tariffs.

In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers

Home Depot's EPS growth has stalled despite revenue boosts. Can declining interest rates spark recovery? Explore valuation insights and growth prospects.

Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns, but its performance missed Wall Street’s expectations.

Home Depot said tariffs will soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.

The home improvement chain is now one of the companies most caught up in Trump's immigration crackdown. The retailer's history with day laborers is long. So far, it's choosing to keep its distance.

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer talked about. An Investing Club member asked Cramer if it is wise to buy more shares of a winning stock at a higher price after initially buying too few.