Home Depot Expands Food Truck Program to Rival Costco's Food Court

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โดย TheStreet·US·Read original
Summary · why it matters

Home Depot is expanding its Food Operations program, bringing local and regional food vendors and food trucks to its stores nationwide. The initiative offers breakfast, lunch, and dinner outside Home Depot locations, a strategy the company says is designed to provide convenient food options while strengthening connections between its stores and their local communities. Vice President of Merch Services Richard Goodrich said the mission is to provide local food options that enhance the shopping experience. Unlike Costco's standardized food court with a national menu, Home Depot is bringing local food trucks and vendors to individual stores. The timing follows Home Depot's reported $47.9 billion in second-quarter fiscal 2026 sales, up 5.7% from a year earlier, with comparable sales up 1.7% and U.S. comparable sales up 1.3%, though executives noted larger discretionary projects remain under pressure amid historically low housing turnover and higher mortgage rates. The company received $730 million in tariff refunds during the quarter, with $685 million reducing the cost of goods sold, but said those benefits would be offset by incremental cost pressures during the year.

Impact on stocks 2

Consumer Discretionary · 1 stocks
The Home Depot Inc
HD
▲ PositiveDemandCapitalrelevance

Home Depot is expanding its Food Operations program nationwide, adding food trucks and vendors to stores to enhance the shopping experience.

Consumer Staples · 1 stocks
Costco Wholesale Corp
COST
± MixedCompetitionrelevance

Home Depot's local food truck program is positioned as a rival to Costco's standardized food court, a competitive comparison but no direct Costco development.