Home Depot Tops Q2 Estimates and Reaffirms FY26 Outlook
HD sits 19% above its 52-week low of $289.1.
Summary
Home Depot's Q2 results beat expectations with 5.7% sales growth and EPS of $4.79, and the company reaffirmed its fiscal 2026 guidance.
Key Events · Earnings and Guidance · HD
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Q2 Sales Beat Consensus
Net sales rose 5.7% to $47.86 billion, exceeding the $47.27 billion consensus estimate. Comparable sales increased 1.7% overall and 1.3% in the U.S.
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Earnings Per Share Exceed Expectations
Diluted EPS was $4.79, up 4.6% from $4.58 a year ago. Adjusted diluted EPS was $4.92, beating the prior year's $4.68.
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Full-Year Guidance Reaffirmed
The company reaffirmed fiscal 2026 guidance: total sales growth of 2.5% to 4.5%, comparable sales growth flat to 2.0%, and diluted EPS growth flat to 4.0% from $14.23.
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Strong Cash Flow and Balance Sheet
Operating cash flow was $11.42 billion for the first half. Cash and equivalents totaled $2.09 billion, with total debt of $52.90 billion and stockholders' equity of $16.62 billion.
Analysis · HD · Trade & Services
Fiscal Q2 sales came in at $47.9 billion, up 5.7% year over year and ahead of the $47.27 billion consensus. Diluted EPS of $4.79 also beat expectations, while adjusted EPS of $4.92 improved on the prior year's $4.68. Management reaffirmed full-year guidance, including total sales growth of 2.5% to 4.5% and diluted EPS growth of flat to 4.0%. The strong quarter was already flagged by Reuters, but this filing adds complete financial statements and specific guidance metrics, giving investors a fuller view of performance and outlook.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 29.2% of the 1513 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, HD was trading at $343.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $336.9B. The 52-week trading range was $289.10 to $426.75. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.