The Home Depot IncHD
▲ PositiveCapitalrelevance
Q2 sales and EPS beat, reaffirmed guidance, and tariff refunds boosted earnings.
Impact on stocks 1
Consumer Discretionary
The Home Depot IncHome Depot reported second-quarter sales of $47.9 billion, up 5.7% from a year earlier, with adjusted diluted earnings per share of $4.92 versus $4.68 last year. Comparable sales increased 1.7% overall and 1.3% in the U.S., while online sales leveraging digital platforms rose 11%. The company received $730 million in IEEPA tariff refunds, of which $685 million reduced cost of goods sold, helping offset unplanned cost pressures from fuel, energy, and other inputs. Home Depot reaffirmed its fiscal 2026 guidance, expecting comp sales between flat and 2% growth and total sales growth of approximately 2.5% to 4.5%. Before turning to results, executives noted Ted's temporary medical leave of absence, announced last week, and wished him a quick recovery.
The Home Depot IncQ2 sales and EPS beat, reaffirmed guidance, and tariff refunds boosted earnings.