earnings
confidence high
sentiment neutral
materiality 0.65
Home Depot Q1 revenue up 4.8% to $41.8B, EPS down to $3.30; reaffirms FY2026 guidance
HOME DEPOT, INC.
- Sales $41.8B (+4.8% YoY); total comps +0.6%, US comps +0.4%; FX benefit of ~55bps.
- GAAP diluted EPS $3.30 vs $3.45 last year; adjusted EPS $3.43 vs $3.56.
- Net earnings $3.3B vs $3.4B YoY; demand similar to FY2025 per CEO.
- Reaffirms FY2026: total sales growth 2.5-4.5%, comps flat-2.0%, EPS growth flat-4%.
- Approximately 15 new stores planned; gross margin ~33.1%, op margin 12.4-12.6%.
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