Home Depot reaffirms its 2026 outlook, noting that second-half growth relies on normal storm activity rather than a consumer demand recovery.
The Home Depot Inc. (NYSE:HD) reaffirmed its fiscal 2026 outlook after reporting first-quarter sales growth and modestly positive comparable sales.
Here's what management highlighted on the earnings call about weather trends, Pro demand, and margin pressures shaping the rest of the year.
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Weather Drives Outlook, Not Demand Recovery
Home Depot reported first-quarter sales of $41.8 billion, up 4.8% year over year, with comparable sales rising 0.6% overall and 0.4% in the U.S.
CFO Richard McPhail said Home Depot continues to see the effects of a "deferral mindset" from homeowners, which began in roughly…
The Home Depot, Inc. (NYSE:HD) will release Q1 earnings on May 19. Analysts expect earnings of $3.41/share and revenue of…
Home Depot has tried to attract more business from contractors, roofers and other professionals during a slower housing market.
Home Depot beat fourth-quarter earnings expectations after missing estimates the prior three quarters.
Home Depot’s results beat Wall Street’s expectations in the fiscal first quarter on a strong showing from professional customers…
The company is operating in a part of the retail sector that is under outsized pressure from stubbornly high interest rates. That…
