Home Depot Reports Share Gains Amid Pressured Market
The Home Depot presented its message of resilience at the Goldman Sachs Global Consumer and Retail Conference. Despite a still-pressured market, the home-improvement chain reported share gains due to investments in delivery and supply chain.
Thirteen out of sixteen merchandising categories posted positive comparable sales in the second quarter, with strength in plumbing, electrical, hardware, and tools. Long-term investments are paying off, with 65% of parcel shipments going out same-day or next-day and 55% of big and bulky items delivered within two days.
The company's pro strategy remains a major growth engine, with eight straight quarters of positive comparable sales in the pro segment and $400 million in cross-selling synergies expected in 2026. Executives said tariff refunds were used to preserve everyday low pricing rather than expand margins, while full-year guidance, including gross margin guidance, was maintained.