Overview

• Revenue reached about $45.3 billion with adjusted EPS of $4.68 and comparable sales up 1%, while U.S. comps rose 1.4% for a third straight quarterly gain.
• Executives said sales improved through the quarter, with U.S. comparable sales up 3.3% in July; average ticket inched higher as transactions slipped slightly.
• Full‑year guidance was reiterated for roughly 2.8% net sales growth and about 1% comp gains, with larger, financing‑dependent projects still on hold.
• CFO Richard McPhail said certain categories will see modest price increases due to higher tariffs, as the company leans on a sourcing mix with over half of goods from North America and a plan to cap any single foreign country below 10%.
• Shares rose as much as 4%–5% as investors looked to steadier comps, Pro customer momentum, and potential rate relief, while Home Depot continues to build its contractor business through deals like SRS and the pending GMS acquisition.