Home Depot Sales Boosted by Small Projects Amid Slumping Housing Market
Home Depot reported an improvement in its quarterly sales during the fiscal second quarter, as customers spent more on smaller projects during the summer months.
The company's sales increased despite a slumping housing market, which has been a concern for many retailers. According to Home Depot, customers focused on smaller projects such as gardening and home decor, rather than larger renovations.
Despite this positive trend, the company's outlook remains unchanged due to the ongoing housing market downturn. The results were announced by Home Depot in its quarterly earnings report, which was released on August 18, 2026.