Home Depot Beats Q2 Expectations and Reaffirms Full-Year Outlook

Earnings
โดย 24/7 Wall St.·US·Read original
Summary · why it matters

Home Depot delivered a strong second quarter, beating expectations with $47.9 billion in revenue, a 5.7% year-over-year increase, and adjusted earnings per share of $4.92. Comparable sales rose 1.7%, and CFO Richard McPhail said results exceeded expectations while reaffirming the full-year outlook. The company also raised its quarterly dividend to $2.33 per share, marking its 156th consecutive cash dividend. The Pro business, anchored by SRS Distribution, is expected to generate $400 million in cross-sell this year, and online comparable sales grew 11% for the fifth straight quarter. 24/7 Wall St. maintains a buy rating with a $386.28 price target, implying 14.46% upside from the August 18 close of $337.49.

Impact on stocks 3

Consumer Discretionary▲ · 3 stocks
The Home Depot Inc
HD
▲ PositiveCapitalrelevance

Beats Q2 expectations, raises dividend, and reaffirms full-year outlook.

© 2026 MarketDXNews