Despite headwinds including macroeconomic trends and adverse weather, Home Depot maintains a strong outlook for the remainder of 2015, its CEO, Craig Menear, said Thursday.
"If you look at our performance last year, we were extremely pleased. We set record performance, highest retail sales in our company history. We're off to a reasonably good start," Menear told CNBC's "Closing Bell."
Tough winter weather and issues at West Coast ports pressured the home improvement retailer's business in recent months, Menear said. He believes Home Depot will sustain its momentum through low oil prices and a looming Federal Reserve interest rate hike.
"We're not overly concerned about it," Menear said of a rate increase, adding that Fed action would mean the central bank was confident in the U.S. economy.