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

The maintained forecast comes during a period when numerous corporations have either revised or withdrawn financial guidance due to rapidly changing tariff policies from the current presidential administration.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.

Home Depot shares rose Tuesday morning after the home-improvement retailer's first-quarter sales came in better than expected and its CFO said the company plans to "generally maintain" its current price levels.