U.S. Markets

Home Depot (HD) Q2 2026 (USD): adj. EPS 4.92 (exp. 4.73), Revenue 47.9bln (exp. 47.3bln)

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Home Depot beat Q2 earnings estimates with 1.7% SSS growth, despite a 'frozen' housing market. Guidance was reaffirmed, supported by IEEPA tariff refunds offsetting rising input costs.

News detail

HOME DEPOT Q2 SSS: Q2 SSS: 1.7% (exp. 0.9%) US comparable sales +1.3% 443.2mln customer transactions, average ticket of USD 92.50. COMMENTARY CFO says results exceeded expectations, with broad-based demand as customers continued to engage in smaller projects. Says it continues to operate in a 'frozen' housing market GUIDANCE: Reaffirmed FY26 guidance and sees FY26 total sales growth between 2.5-4.5%, comparable sales growth between flat-2.0%, adj. operating margin between 12.8-13.0%, and adj. diluted EPS growth between flat-4.0% from 14.69 in FY25 Guidance includes expected IEEPA tariff refunds partially offsetting unplanned fuel, energy and other product input costs Sees FY capex of 2.5% of sales.

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