Home Depot's Pro Business Posts Strong Growth Despite Housing Challenges

The Home Depot's (HD) second-quarter fiscal 2026 results show improving operating momentum despite challenging housing conditions. Sales rose 5.7% year over year to $47.86 billion, with comparable sales increasing 1.7%. Adjusted earnings advanced 5.1% to $4.92 per share.

The company's Pro business posted positive comparable sales in the second quarter and outperformed DIY, with gains across all Pro cohorts. Big-ticket transactions above $1,000 increased 2.4%, improving from 0.8% growth in the first quarter.

SRS, a key operating line for Home Depot's Pro business, also posted positive comparable sales across all verticals. The company expects mid-single-digit organic sales growth for fiscal 2026.