Overview

• Wall Street expects earnings per share of roughly $4.69 to $4.71 and revenue near $45.3 billion, according to LSEG and Benzinga.
• The retailer has leaned into professional customers through recent deals, closing the SRS Distribution acquisition and announcing the purchase of GMS.
• Higher borrowing costs have cooled big-ticket remodeling, with management noting customers are focusing on smaller projects and yard work.
• New U.S. tariffs took effect in early August, while President Donald Trump delayed higher duties on Chinese goods for 90 days.
• Analysts broadly maintain positive ratings with price targets clustered in the $418 to $470 range, though past earnings days have often produced a one-day share decline.