Overview

• Revenue rose to $45.28 billion and adjusted EPS reached $4.68, both a touch below forecasts, with comparable sales up 1.0% overall and 1.4% in the U.S.
• Home Depot kept its full‑year view for roughly 2.8% sales growth and about 1% comp growth, and shares climbed after management highlighted stable momentum.
• Executives said sales improved through the quarter, with July comps up 3.3%; average ticket increased to $90.01 as transactions ticked slightly lower and tickets over $1,000 rose 2.6%.
• CFO Richard McPhail said customers should expect modest price moves in select categories due to higher tariffs, while the company maintains its broader pricing approach and diversified sourcing.
• Big discretionary remodels remain soft given high borrowing costs, while Home Depot leans on smaller projects and its expanding Pro channels, with Lowe’s results still to come this week.