Atlanta-based Home Depot's revenue rises in first quarter as customers spend more tackling smaller projects

Shopping carts are parked outside a Home Depot in Philadelphia on Sept. 21, 2022. (AP Photo/Matt Rourke, File)

Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.

A number of U.S. companies have lowered or pulled financial guidance for investors as tariffs launched by the Trump administration scramble world trade, but on Tuesday, Home Depot stuck by earlier projections of sales growth at around 2.8%.

Shares of the Atlanta company rose more than 3% before the opening bell on Tuesday.