NKBA | KBIS’s Global President and CEO breaks down Home Depot’s Q1 earnings and the outlook for the home remodeling market.
As I shared in my recent interview with Yahoo! Finance, our industry is navigating a period of short-term uncertainty driven by tariffs, rising material costs, and high interest rates. These factors are understandably causing many homeowners to hit pause on their renovation plans. For our NKBA members this uncertainty is making it more difficult to price products and guide clients accordingly.
Despite these headwinds, I remain confident in the long-term strength of the remodeling market. The home—especially the kitchen and bath—continues to be the center of our lives. For homeowners considering a remodel, my advice is to continue with your planning. Work closely with your designer or specifier, ideally an NKBA member, who can help you make informed decisions. NKBA members are doing their best to absorb rising costs. While the current environment may feel unstable, these challenges are temporary—and the benefits of investing in your home will far outlast the moment we’re in now.
Tune in to listen to the Yahoo! Finance interview below:
