Home Depot Reports Strong Second Quarter with Sales Growth and Reaffirms Fiscal 2026 Guidance

The Home Depot reported its second-quarter fiscal 2026 results, exceeding expectations with sales of $47.9 billion, up 5.7% from the same period in 2025. Comparable sales increased by 1.7%, while U.S.-based comparable sales rose by 1.3%. The company's net earnings for Q2 2026 were $4.8 billion, or $4.79 per diluted share.

Executive Vice President and Chief Financial Officer Richard McPhail attributed the results to 'broad-based demand across the business as customers continued to engage in smaller projects.' Senior Executive Vice President Ann-Marie Campbell praised the company's associates for their focus on customer service, saying they had done an exceptional job executing throughout a dynamic environment.

The Home Depot reaffirmed its fiscal 2026 guidance, which includes total sales growth of approximately 2.5% to 4.5%, comparable sales growth of flat to 2.0%, and gross margin of approximately 33.1%. The company operates a total of 2,364 retail stores across the United States, Canada, Mexico, and Puerto Rico, employing over 470,000 associates.