Home Depot Shines in Q2 Earnings Beat with 5.7% Revenue Growth
Home Depot (NYSE:HD) reported its Q2 CY2026 earnings on August 16, beating Wall Street's revenue expectations with sales of $47.86 billion, a 5.7% year-over-year increase.
This marks the second consecutive quarter where Home Depot has exceeded analysts' projections, with its non-GAAP profit of $4.92 per share also surpassing consensus estimates by 4%.
The company's revenue growth is notable, especially considering that its sales have been relatively flat over the past two years, with a same-store sales increase of only 1.7% year on year.