Home Depot beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance.

Home Depot stock rose Tuesday even after the home improvement retailer missed on earnings for the first time in five years. However, the company beat revenue estimates.Shares rose 2.5% to $388.75 in premarket trading,

The Home Depot Inc (HD) reports a 9.4% revenue increase, despite pressures from high interest rates and foreign exchange impacts.

The Home Depot reported adjusted earnings per share (EPS) of $3.56 or 3 cents behind the Wall Street consensus. As expected, adjusted EPS was down from the year ago figure of $3.67. Revenue of $39.86 billion, however, was $610 million above consensus and rose 9.5% from a year earlier.

Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.

Home Depot and rival Lowe's are scheduled to report quarterly financial results on Tuesday and Wednesday, respectively, with analysts largely bullish on both home improvement retailers' stocks.

Lowe's Companies ( NYSE: LOW) gained in premarket action despite beating consensus estimates with its Q1 earnings report and sticking by its full-year guidance despite the macroeconomic backdrop.