The Home Depot, Inc. reported an 8% year-over-year increase in online comparable sales for the first quarter of fiscal 2025. The company’s digital strategy, complemented by the expansion of its One Supply Chain network, aims to enhance distribution and same-day delivery capabilities, emphasizing a seamless integration of in-store and online experiences.
Home Depot’s e-commerce strategy includes robust utilization of its store network, with approximately 90% of online orders fulfilled via in-store methods. Despite a year-to-date stock decline of 4.7%, the company trades at a forward price-to-earnings ratio of 23.52X, exceeding the industry average of 20.78X. The Zacks Consensus Estimate suggests a 1.3% decline in earnings for fiscal 2025, followed by a 9.1% growth forecast for fiscal 2026.
Competitors in the e-commerce space include Lowe’s Companies, Inc. and Amazon.com, Inc., both making advancements in their digital strategies to improve customer experience and operational efficiencies. Lowe’s experienced mid-single-digit growth in online sales in the same quarter, while Amazon continues to enhance its fulfillment capabilities.
