Home Depot records $47.9 billion in Q2 revenue
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The Home Depot (NYSE:HD) reported fiscal Q2 2026 sales of $47.9 billion, up 5.7% year over year, as comparable sales increased 1.7%.
The Home Depot (NYSE:HD) reported fiscal Q2 2026 sales of $47.9 billion, up 5.7% year over year, as comparable sales increased 1.7%.
Home Depot (NYSE:HD) has acquired SIMPL Automation, a Waltham, Massachusetts-based robotics and AI firm, in a strategic move to optimize its massive distribution network.
The Home Depot (NYSE:HD) reported a 3.8% decline in fourth-quarter sales to $38.2 billion, reflecting a continued normalization in the home improvement market following several years of heightened demand.
Home Depot missed sales expectations at locations open at least a year, rising 0.6% in the latest quarter, as muted housing demand and high borrowing costs limited consumer spending on improvement projects. Drew Reading of Bloomberg Intelligence has more.
The Home Depot (NYSE:HD) reported a 4.8% increase in net sales for the first quarter of fiscal 2026, navigating persistent housing market pressures and consumer uncertainty through expansion initiatives.
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