Home Depot rises on quarterly sales beat

The Home Depot

18/08/2026 11:11

** Shares of home improvement retailer Home Depot HD.N  up 1.4% at $342.59 premarket
** Co beat Wall Street estimates for quarterly sales, as resilient demand from smaller repair-and-maintenance projects helped offset a sluggish housing market
** Posts Q2 net sales of $47.86 billion vs analysts' estimate of $47.27 billion - data compiled by LSEG 
** Q2 adjusted EPS came in at $4.92 vs $4.68 a year ago
** Co maintained its annual total sales growth of 2.5% to 4.5% and adjusted EPS to grow about flat to 4% 
** "We saw broad-based demand across the business as customers continued to engage in smaller projects," CEO Richard McPhail says 
** As of last close, stock down ~2% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))