Overview
- Home Depot forecast fiscal 2026 comparable sales growth of flat to 2%, below the 2.34% average estimate compiled by LSEG and Bloomberg.
- Adjusted earnings per share are projected to be flat to up 4%, short of analysts’ expectations for roughly 5.6% growth.
- Management outlined a market-recovery scenario that would lift comparable sales by 4% to 5% if housing activity improves.
- Executives detailed investments in employees, store operations, online services, and offerings for professional contractors, with 15 to 20 new stores planned annually.
- Shares slipped following the guidance; the company maintained its fiscal 2025 outlook, and the stock is down about 10% year to date.