Home Depot Posts Strong Q2 Earnings with Revenue at $47.86 Billion
Home Depot's second-quarter revenue reached $47.86 billion, representing a 5.7% increase from last year. The company's adjusted earnings per share (EPS) of $4.92 beat analyst expectations by $0.19.
The home improvement retailer reported comparable sales growth of 1.7%, while average ticket prices rose to $92.50. However, transactions fell by 1.0%, indicating softer foot traffic despite larger baskets.
Home Depot maintained its fiscal 2026 EPS guidance at $14.69-15.28, with analysts predicting an outcome of $14.99 for the year. This puts the company within a narrow range between internal projections and consensus estimates.
The shares' market multiple stands at 23.52 times earnings, while their 200-day moving average is $340.46 and 50-day average is $340.86. The valuation remains a key area of focus for investors.