Home Depot Beats Q2 Earnings Expectations with 5.7% Sales Growth

The Home Depot (HD) reported its fiscal Q2 2026 earnings on August 29, 2023. The company's total sales increased by 5.7% year over year to $47.9 billion.

Comparable sales rose 1.7%, including a 1.3% increase in the U.S. Adjusted diluted EPS grew 5.1% to $4.92, while GAAP diluted EPS was $4.79 compared to $4.58 a year earlier.

Home Depot's digital-platform sales rose 11%, marking a fifth consecutive quarter of double-digit year-over-year growth. Pro delivered positive comparable sales and outperformed DIY.