Home Depot Inc (HD)

The Home Depot Declares Quarterly Dividend of $2.33May 21, 2026 4:13 PM
PR Newswire (US) ATLANTA, May 21, 2026 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a quarterly cash dividend of $2.33 per share. The dividend is payable on June 18, 2026, to shareholders of record on the close of business on June 4, 2026. This is the 157th consecutive quarter the company has paid a cash dividend. The Home Depot is the world's largest home improvement specialty retailer. At the end of the first quarter, the company operated a total of 2,361 retail stores and over 1,280 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.  View original content to download multimedia:https://www.prnewswire.com/news-releases/the-home-depot-declares-quarterly-dividend-of-2-33--302779330.htmlSOURCE The Home Depot Original: The Home Depot Declares Quarterly Dividend of $2.33

Home Depot beats quarterly forecasts as consumer demand holds steady (HD)May 19, 2026 7:00 AM
IH Market News Home Depot Inc. (NYSE:HD) reported first-quarter earnings and revenue ahead of Wall Street expectations, helping lift the company’s shares about 1% in premarket trading on Tuesday.The home improvement retailer posted adjusted earnings of $3.43 per share, topping analyst forecasts of $3.41 per share. Quarterly revenue came in at $41.77 billion, above the consensus estimate of $41.51 billion and up 4.8% from the $39.86 billion reported in the same period a year earlier.Comparable sales increased 0.6% during the quarter, while comparable sales in the United States rose 0.4%.“Our first quarter results were in line with our expectations. The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure,” said Ted Decker, chair, president and CEO.For fiscal 2026, Home Depot reiterated its outlook, expecting total sales growth of approximately 2.5% to 4.5% and comparable sales growth ranging from flat to around 2%.The midpoint of the company’s comparable sales guidance, at roughly 1%, remains below analyst expectations of 1.55%.Home Depot also maintained its forecast for adjusted earnings per share growth of approximately flat to 4% compared with fiscal 2025 adjusted EPS of $14.69. Based on the midpoint of the guidance range, that would imply adjusted EPS of about $14.98.The retailer reported an adjusted operating margin of 12.3% in the quarter, down from 13.2% in the same period last year.Net earnings totaled $3.3 billion, or $3.30 per diluted share, compared with $3.4 billion, or $3.45 per diluted share, in the first quarter of fiscal 2025.Home Depot stock price Original: Home Depot beats quarterly forecasts as consumer demand holds steady (HD)

Home Depot annonce ses résultats du premier trimestre et réaffirme ses perspectives au sujet de l'exercice 2026May 19, 2026 6:00 AM
PR Newswire (Canada) ATLANTA, le 19 mai 2026 /CNW/ - The Home Depot®, le plus important détaillant au monde dans le secteur de la rénovation résidentielle, a annoncé aujourd'hui des ventes de 41,8 milliards de dollars au premier trimestre de l'exercice 2026, ce qui représente une augmentation de 1,9 milliard de dollars ou 4,8 % par rapport au même trimestre de l'exercice 2025. Toujours au premier trimestre de l'exercice 2026, les ventes comparables ont augmenté de 0,6 %, et les ventes comparables aux États-Unis ont augmenté de 0,4 %. Au cours de ce même trimestre, les taux de change ont affecté positivement le total des ventes comparables de l'entreprise d'environ 55 points de base. L'entreprise a enregistré un bénéfice net de 3,3 milliards de dollars au premier trimestre de l'exercice 2026, soit un bénéfice dilué par action de 3,30 $, comparativement à un bénéfice net de 3,4 milliards de dollars et à un bénéfice dilué par action de 3,45 $ à la même période durant l'exercice 2025.Le bénéfice dilué par action rajusté1 était de 3,43 $ au premier trimestre de l'exercice 2026, comparativement à un bénéfice dilué par action rajusté de 3,56 $ à la même période de l'exercice 2025.«Notre rendement du premier trimestre a été conforme à nos attentes. La demande fondamentale de notre secteur d'activités a été relativement similaire à celle que nous avons connue tout au long de l'exercice 2025, malgré une incertitude accrue des consommateurs et une pression sur l'abordabilité du logement», a déclaré Ted Decker, président du conseil d'administration, chef de la direction et président de l'entreprise. «Comme toujours, nos associés ont offert un excellent service à la clientèle pendant le trimestre, et j'aimerais les remercier pour leur travail aussi acharné qu'assidu ainsi que pour leur dévouement à servir nos clients.»Perspectives au sujet de l'exercice 2026L'entreprise réaffirme ses perspectives au sujet de l'exercice 2026 :Augmentation des ventes totales d'environ 2,5 % à 4,5 %Augmentation des ventes comparables d'environ 0,0 % à 2,0 %Ouverture d'environ 15 nouveaux magasinsTaux de marge brute d'environ 33,1 %Taux de marge d'exploitation d'environ 12,4 % à 12,6 %Taux de marge d'exploitation rajustée1 d'environ 12,8 % à 13,0 %Taux d'imposition effectif d'environ 24,3 %Intérêts débiteurs nets d'environ 2,3 milliards de dollarsAugmentation du bénéfice dilué par action d'environ 0,0 % à 4,0 %, comparativement à une valeur de 14,23 $ lors de l'exercice 2025Augmentation du bénéfice dilué par action rajusté1 d'environ 0,0 % à 4,0 %, comparativement à une valeur de 14,69 $ lors de l'exercice 2025Dépenses en capital représentant environ 2,5 % des ventes totales1 L'entreprise rapporte ses résultats financiers conformément aux principes comptables généralement reconnus (PCGR) aux États-Unis. De la façon dont ils sont utilisés dans la présente publication, le bénéfice d'exploitation rajusté, la marge d'exploitation rajustée et le bénéfice dilué par action rajusté ne sont pas conformes aux PCGR. Une explication de ces mesures financières non conformes aux PCGR ainsi que des rapprochements avec les mesures conformes aux PCGR les plus directement comparables figurent à la fin de ce document.Home Depot tiendra aujourd'hui, à 9 h, heure de l'Est, une conférence téléphonique en vue de discuter de l'information contenue dans le présent communiqué de presse et de sujets connexes.
Cette conférence sera intégralement accessible en webdiffusion et en différé au ir.homedepot.com/events-and-presentations.À la fin du premier trimestre, l'entreprise exploitait un total de 2 361 magasins de détail et plus de 1 280 succursales SRS dans l'ensemble des 50 États américains, dans le District de Columbia, à Porto Rico, dans les Îles Vierges américaines, à Guam, dans les dix provinces canadiennes et au Mexique. L'entreprise emploie plus de 470 000 associés. Les actions de Home Depot sont cotées à la bourse de New York (NYSE) sous le symbole HD et font partie des indices Dow Jones Industrial Average et Standard & Poor's 500.Mise en garde concernant les énoncés prospectifs
Certains énoncés contenus dans le présent document constituent des «énoncés prospectifs» tels qu'ils sont définis par les lois fédérales américaines sur les valeurs mobilières, notamment la «Private Securities Litigation Reform Act of 1995». Ces énoncés prospectifs sont fondés sur les renseignements actuellement disponibles et les hypothèses, attentes et prévisions actuelles de l'entreprise quant à des événements à venir. Ils comportent différents verbes conjugués au présent, au futur, au conditionnel ou au subjonctif, notamment «pouvoir», «risquer», «devoir», «savoir», «anticiper», «évaluer», «prévoir», «planifier», «estimer» et «s'engager», ainsi que du vocabulaire comme «attendu», «intention», «attentes», «cibles», «perspectives», «possible», «potentiel» et «prévisions», de même que d'autres mots ayant une teneur ou signification similaire ou faisant référence à des périodes de temps futures. Les énoncés prospectifs peuvent porter, entre autres, sur : la marque et la réputation de l'entreprise; la demande pour les produits et services de l'entreprise (sujette à l'influence des conditions macroéconomiques ainsi qu'à l'évolution des attentes et des préférences des clients); la croissance nette des ventes; les ventes comparables; les effets de la concurrence; la mise en œuvre d'initiatives stratégiques interreliées, notamment en magasin et dans les domaines de la chaîne d'approvisionnement, des innovations et des technologies (y compris en ce qui a trait à l'immobilier); les situations des stocks et leur disponibilité sur les étagères; le contexte économique; l'état des marchés du logement et de la rénovation résidentielle; l'état du marché de crédit (y compris les hypothèques, les prêts hypothécaires sur la valeur nette de la propriété et le crédit à la consommation et commercial); l'incidence des tarifs douaniers; les changements à la politique commerciale ou les restrictions liées à celle-ci, les différends commerciaux internationaux ainsi que les efforts et la capacité de continuer à diversifier la chaîne d'approvisionnement de l'entreprise; les problèmes liés aux modes de paiement acceptés par l'entreprise; la demande pour les offres de crédit (y compris le crédit commercial); la gestion des relations avec les associés, les personnes en recherche d'emploi, les fournisseurs et les fournisseurs de services de l'entreprise; le coût et la disponibilité de la main-d'œuvre; le coût du carburant et d'autres sources d'énergie; les événements qui pourraient perturber les activités, la chaîne d'approvisionnement ou l'infrastructure technologique de l'entreprise ou encore la demande de produits et de services de l'entreprise (y compris les tarifs douaniers, les changements à la politique commerciale ou les restrictions liées à celle-ci, ou encore les différends commerciaux internationaux, les catastrophes naturelles, les changements climatiques, les problèmes de santé publique, les incidents de cybersécurité et les conflits de travail; les tensions ou conflits géopolitiques, les conflits militaires ou les actes de guerre); la capacité de l'entreprise à maintenir un environnement sécuritaire dans ses magasins; la capacité de l'entreprise à répondre aux attentes en matière de développement durable et de gestion du capital humain ainsi qu'à atteindre les objectifs connexes; la poursuite ou la suspension des rachats d'actions; le rendement en matière de marge et de bénéfices nets; les bénéfices par action; les dividendes futurs; l'imputation sur les fonds propres et les dépenses en capital; la productivité; les liquidités; le rendement du capital investi; l'effet de levier des dépenses et des dettes; les changements des taux d'intérêt; les changements des taux de change; la fluctuation des prix des marchandises; la capacité de l'entreprise à émettre des titres de créances à des conditions et à des taux acceptables pour elle; l'incidence et les résultats attendus des enquêtes, des demandes, des réclamations et des litiges; les défis liés à l'exploitation sur les marchés internationaux; la suffisance des couvertures d'assurance; l'incidence des frais de comptabilité; l'incidence de l'adoption de certains principes comptables; l'incidence des changements juridiques et réglementaires, notamment les décrets présidentiels et d'autres mesures administratives ou législatives (y compris les modifications aux lois et règlements fiscaux); les ouvertures et les fermetures de magasins; les perspectives financières (y compris celles pour l'exercice 2026); et l'incidence des autres sociétés acquises (y compris SRS et GMS) sur l'entreprise ainsi que la capacité de l'entreprise à profiter des avantages prévus des acquisitions réalisées ou en cours.    Ces énoncés ne sont pas garants du rendement à venir de l'entreprise et sont sujets aux événements, aux incertitudes et aux risques futurs, dont bon nombre ne dépendent pas de l'entreprise, mais plutôt des actions de tiers, et sont pour l'instant encore inconnus de l'entreprise, ainsi qu'aux hypothèses potentiellement inexactes, qui pourraient faire que les résultats obtenus diffèrent de façon importante des expériences antérieures, des attentes et des prévisions de l'entreprise. Ces risques et incertitudes comprennent, sans s'y limiter, ceux décrits en 1A dans la partie I, «Facteurs de risque», et ailleurs dans le rapport annuel de l'entreprise du formulaire 10-K pour l'exercice financier se terminant le 1er février 2026, ainsi que ceux décrits de temps à autre dans les rapports subséquents déposés par l'entreprise auprès de la Securities and Exchange Commission (ci-après «la SEC»). D'autres facteurs que l'entreprise ne peut prévoir et qui ne sont pas décrits précédemment parce qu'elle ne les juge pas significatifs actuellement peuvent également exister. De tels facteurs pourraient aussi faire en sorte que les résultats obtenus diffèrent de façon importante des attentes de l'entreprise. Les énoncés prospectifs ne sont valables qu'à la date où ils ont été émis et ne sont tenus à jour que si la loi l'exige. Il est recommandé d'examiner toute déclaration éventuelle que présente l'entreprise relativement à ces questions dans les rapports qu'elle dépose auprès de la SEC et dans ses énoncés publics.   Mesures financières non conformes aux PCGR
Afin d'assurer une transparence accrue, cette communication de l'entreprise est également accompagnée de certaines mesures financières non conformes aux PCGR. Quand elles sont utilisées conjointement avec les mesures financières conformes aux PCGR, l'entreprise estime que ces mesures financières supplémentaires non conformes aux PCGR aideront les gestionnaires et les investisseurs à mieux comprendre et analyser le rendement de l'entreprise. Cependant, ces renseignements supplémentaires ne sauraient être considérés isolément ou se substituer aux mesures financières conformes aux PCGR associées. Des définitions et une explication de ces mesures financières non conformes aux PCGR ainsi que des rapprochements avec les mesures conformes aux PCGR les plus directement comparables figurent à la fin de ce document. THE HOME DEPOT, INC.
ÉTAT CONSOLIDÉ ET SIMPLIFIÉ DES RÉSULTATS
(Non vérifié)

Trois mois ayant pris fin le

montants en millions, USD, exception faite des données par action3 mai
2026
4 mai
2025
Variation (%)Ventes nettes$      41,765
$      39,856
4.8 %Coût des ventes27,984
26,397
6.0Marge bénéficiaire brute13,781
13,459
2.4Charges d'exploitation :




Frais de vente, généraux et administratifs7,959
7,530
5.7Dépréciation et amortissement841
796
5.7Total des charges d'exploitation8,800
8,326
5.7Bénéfice d'exploitation4,981
5,133
(3.0)Dépenses (revenus) d'intérêts et autres :




Intérêts créditeurs et autres, nets(7)
(24)
(70.8)Intérêts débiteurs611
615
(0.7)Intérêts et autres, nets604
591
2.2Bénéfices, avant les charges d'impôts4,377
4,542
(3.6)Charges d'impôts1,088
1,109
(1.9)Bénéfice net$        3,289
$        3,433
(4.2) %





Actions ordinaires moyennes pondérées en circulation994
992
0.2 %Bénéfice par action en circulation$          3.31
$          3.46
(4.3)





Actions ordinaires moyennes pondérées diluées996
994
0.2 %Bénéfice dilué par action$          3.30
$          3.45
(4.3)






Trois mois ayant pris fin le

Données de vente choisies : 3 mai
2026
4 mai
2025
Variation (%)Ventes comparables (variation [%])0.6 %
(0.3) %
S. O.Transaction clients comparable (variation [%])1(1.3) %
(0.5) %
S. O.Facture moyenne comparable (variation [%])12.2 %
— %
S. O.Transaction clients (en millions)1 391.1
394.8
(0.9) %Facture moyenne1$        92.76
$        90.71
2.31 Les données sur la transaction des clients et la facture moyenne n'incluent ni les résultats de HD Supply ni ceux de SRS.THE HOME DEPOT, INC.
BILANS CONSOLIDÉS ET SIMPLIFIÉS 
(Non vérifiés)
montants en millions, USD3 mai
2026
4 mai
2025
1er février
2026Actif




Actif à court terme :




Trésorerie et équivalents de trésorerie$           1,601
$           1,369
$           1,389Comptes clients nets6,624
5,886
5,597Stock de marchandises27,280
25,763
25,817Autres actifs à court terme1,667
1,511
1,588Total de l'actif à court terme37,172
34,529
34,391Immobilisations corporelles nettes27,930
26,780
28,021Actifs liés au droit d'utilisation découlant de contrats de location simple9,275
8,699
9,204Écarts d'acquisition22,479
19,568
22,344Actifs intangibles, nets10,244
8,888
10,329Autres actifs804
693
806Actif total$       107,904
$         99,157
$       105,095





Passifs et capitaux propres




Passif à court terme :




Dettes à court terme$           3,503
$                38
$           4,464Comptes fournisseurs14,373
14,696
11,491Salaires à payer et frais afférents2,237
2,180
2,529Versements à court terme relatifs aux dettes à long terme5,178
4,885
4,967Passifs liés aux contrats de location simple à court terme1,484
1,311
1,418Autres passifs à court terme8,805
8,479
7,555Passif total à court terme35,580
31,589
32,424Dettes à long terme, excluant les versements à court terme44,828
47,343
46,341Passifs liés aux contrats de location simple à long terme8,164
7,714
8,160Autres passifs à long terme5,458
4,556
5,357Passif total94,030
91,202
92,282Total des capitaux propres13,874
7,955
12,813Passif total et capitaux propres$       107,904
$         99,157
$       105,095 THE HOME DEPOT, INC.
ÉTAT DU FLUX DE TRÉSORERIE CONSOLIDÉ ET SIMPLIFIÉ
(Non vérifié)

Trois mois ayant pris fin lemontants en millions, USD3 mai
2026
4 mai
2025Flux de trésorerie provenant des activités d'exploitation :


Bénéfices nets$           3,289
$           3,433Rapprochement des bénéfices nets et de la trésorerie nette provenant des activités d'exploitation :


Dépréciation et amortissement, excluant l'amortissement des actifs intangibles910
855Amortissement des actifs intangibles171
139Dépenses liées à la rémunération sous forme d'actions178
170Changements aux fonds de roulement1,337
(244)Changements aux impôts reportés65
(3)Autres activités d'exploitation82
(25)Trésorerie nette provenant des activités d'exploitation6,032
4,325



Flux de trésorerie provenant des activités d'investissement :


Dépenses en capital(844)
(806)Paiements liés à l'acquisition d'entreprises, nets(286)
(156)Autres activités d'investissement21
31Trésorerie nette utilisée pour les activités d'investissement(1,109)
(931)



Flux de trésorerie provenant d'activités de financement :


Remboursements de la dette à court terme, nets(961)
(278)Produit de la dette à long terme, net d'escomptes69
29Remboursements de la dette à long terme(1,425)
(1,106)Produit provenant de la vente d'actions ordinaires33
11Dividendes en espèces(2,320)
(2,286)Autres activités de financement(109)
(126)Trésorerie nette utilisée pour les activités de financement(4,713)
(3,756)Changements à la trésorerie et aux équivalents de trésorerie210
(362)Effet du taux de change sur la trésorerie et les équivalents de trésorerie2
72Trésorerie et équivalents de trésorerie en début de période1,389
1,659Trésorerie et équivalents de trésorerie en fin de période$           1,601
$           1,369MESURES FINANCIÈRES NON CONFORMES AUX PCGRLe bénéfice d'exploitation rajusté, la marge d'exploitation rajustée et le bénéfice dilué par action rajusté sont présentés en tant qu'indicateurs financiers supplémentaires dans le cadre de l'évaluation de nos activités et ne sont pas requis par les PCGR ou présentés conformément à ceux-ci. L'entreprise exclut l'incidence des charges d'amortissement des actifs intangibles acquis sur le bénéfice d'exploitation rajusté et la marge d'exploitation rajustée, et exclut également l'incidence des charges d'amortissement des actifs intangibles acquis, y compris les incidences fiscales afférentes, sur le bénéfice dilué par action rajusté. L'entreprise n'effectue pas d'ajustement pour tenir compte du revenu partiellement généré par l'utilisation des actifs intangibles acquis. Les charges d'amortissement, contrairement au revenu afférent, ne sont pas affectées par l'exploitation pour une période donnée à moins qu'un actif intangible n'ait subi une dépréciation ou que sa durée de vie utile ne soit revue.Quand elles sont utilisées conjointement avec nos résultats conformes aux PCGR, l'entreprise estime que ces mesures financières non conformes aux PCGR fournissent aux investisseurs des indicateurs significatifs supplémentaires à propos du rendement de l'entreprise d'une période à une autre, leur permettent de comparer facilement le rendement sous-jacent de l'entreprise à celui de ses pairs, et correspondent à la façon dont l'équipe de gestion analyse les tendances et évalue le rendement à l'interne. L'entreprise fournit des renseignements financiers non conformes aux PCGR sur cette base afin de faciliter les comparaisons lors du rapport des résultats relatifs au bénéfice. Ces mesures non conformes aux PCGR ne peuvent être considérées isolément ni utilisées comme substitut aux mesures conformes aux PCGR comparables. Les investisseurs doivent se fier principalement aux résultats qui sont dressés conformément aux PCGR et n'utiliser les mesures non conformes aux PCGR qu'en tant qu'indicateurs supplémentaires lors de la prise de décisions en matière d'investissement. Il se peut que ces mesures non conformes aux PCGR ne puissent pas être comparées aux indicateurs rapportés par d'autres entreprises et ayant un nom similaire, et que ces autres entreprises pourraient ne pas définir ces mesures financières de la même façon, limitant ainsi leur utilité à titre de mesures comparatives.RAPPROCHEMENT DU REVENU D'EXPLOITATION RAJUSTÉ
ET DE LA MARGE D'EXPLOITATION RAJUSTÉE

Trois mois ayant pris fin le

montants en millions, USD3 mai
2026
4 mai
2025
Variation (%)Bénéfice d'exploitation (conforme aux PCGR)$            4,981
$            5,133
(3.0) %Marge d'exploitation111.9 %
12.9 %

Amortissement des actifs intangibles acquis2171
139

Bénéfice d'exploitation rajusté (non conforme aux PCGR)$            5,152
$            5,272
(2.3) %Marge d'exploitation rajustée (non conforme aux PCGR)312.3 %
13.2 %

1 La marge d'exploitation est calculée en divisant le bénéfice d'exploitation par les ventes nettes totales.
2 Les montants comprennent l'amortissement des actifs intangibles, d'une valeur de 119 millions de dollars et de 87 millions de dollars, pendant les périodes de trois mois ayant pris fin le 3 mai 2026 et le 4 mai 2025, respectivement, pour SRS Distribution, Inc. et ses filiales.
3 La marge d'exploitation rajustée est calculée en divisant le bénéfice d'exploitation rajusté par les ventes nettes totalesNos perspectives concernant la marge d'exploitation rajustée pour l'exercice 2026 ne tiennent pas compte d'une incidence prévue d'environ 40 points de base provenant de l'amortissement des actifs intangibles acquis. RAPPROCHEMENT DU BÉNÉFICE DILUÉ PAR ACTION RAJUSTÉ

Trois mois ayant pris fin le

montants par action3 mai
2026
4 mai
2025
Variation (%)Bénéfice dilué par action (conforme aux PCGR)$                 3.30
$                 3.45
(4.3) %Incidence de l'amortissement des actifs intangibles acquis0.17
0.14

Incidence du rajustement des mesures non conformes aux PCGR sur l'impôt sur le revenu[5](0.04)
(0.03)

Bénéfice dilué par action rajusté (non conforme aux PCGR) $                 3.43
$                 3.56
(3.7) %1 Cette donnée a été calculée en multipliant l'incidence de l'amortissement des actifs intangibles acquis par action et le taux d'imposition réel de l'entreprise pour cette période.Nos perspectives concernant le bénéfice dilué par action rajusté pour l'exercice 2026 ne tiennent pas compte d'une incidence prévue après impôts d'environ 0,50 $ provenant de l'amortissement des actifs intangibles acquis.Logo - https://mma.prnewswire.com/media/118058/5975526/THE_HOME_DEPOT_LOGO_v1.jpgSOURCE The Home Depot Original: Home Depot annonce ses résultats du premier trimestre et réaffirme ses perspectives au sujet de l'exercice 2026

The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 GuidanceMay 19, 2026 6:00 AM
PR Newswire (US) ATLANTA, May 19, 2026 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $41.8 billion for the first quarter of fiscal 2026, an increase of $1.9 billion, or 4.8% from the first quarter of fiscal 2025. Comparable sales for the first quarter of fiscal 2026 increased 0.6%, and comparable sales in the U.S. increased 0.4%. For the first quarter of fiscal 2026, foreign exchange rates positively impacted total company comparable sales by approximately 55 basis points. Net earnings for the first quarter of fiscal 2026 were $3.3 billion, or $3.30 per diluted share, compared with net earnings of $3.4 billion, or $3.45 per diluted share, in the same period of fiscal 2025.Adjusted(1) diluted earnings per share for the first quarter of fiscal 2026 were $3.43, compared with adjusted diluted earnings per share of $3.56 in the same period of fiscal 2025."Our first quarter results were in line with our expectations. The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure," said Ted Decker, chair, president and CEO. "As always, our associates provided excellent customer service during the quarter, and I would like to thank them for their continued hard work and dedication to serving our customers."Fiscal 2026 GuidanceThe company reaffirms its fiscal 2026 guidance:  Total sales growth of approximately 2.5% to 4.5%Comparable sales growth of approximately flat to 2.0%Approximately 15 new storesGross margin of approximately 33.1%Operating margin of approximately 12.4% to 12.6%Adjusted(1) operating margin of approximately 12.8% to 13.0%Effective tax rate of approximately 24.3%Net interest expense of approximately $2.3 billionDiluted earnings-per-share to grow approximately flat to 4.0% from $14.23 in fiscal 2025Adjusted(1) diluted earnings-per-share to grow approximately flat to 4.0% from $14.69 in fiscal 2025Capital expenditures of approximately 2.5% of total sales(1) The Company reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP). As used in this earnings release, adjusted operating income, adjusted operating margin, and adjusted diluted earnings per share are non-GAAP financial measures. Refer to the end of this release for an explanation of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures.The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.At the end of the first quarter, the company operated a total of 2,361 retail stores and over 1,280 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.Cautionary Note Regarding Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" under the federal securities laws, including as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events, and use words such as "may," "will," "could," "should," "would," "anticipate," "intend," "estimate," "project," "plan," "believe," "expect," "target," "prospects," "potential," "commit" and "forecast," or words of similar import or meaning or refer to future time periods. Forward-looking statements may relate to, among other things: our brand and reputation; the demand for our products and services, including as a result of macroeconomic conditions and changing customer preferences and expectations; net sales growth; comparable sales; the effects of competition; implementation of interconnected, store, supply chain, technology, innovation and other strategic initiatives, including with respect to real estate; inventory, on-shelf availability, and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer and trade credit; the impact of tariffs; trade policy changes or restrictions, or international trade disputes and efforts and ability to continue to diversify our supply chain; issues related to the payment methods we accept; demand for credit offerings including trade credit; management of relationships with our associates, jobseekers, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt our business, supply chain, technology infrastructure, or demand for our products and services, such as tariffs, trade policy changes or restrictions or international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, and labor disputes; geopolitical tensions or conflicts, military conflicts, or acts of war; our ability to maintain a safe and secure store environment; our ability to address expectations regarding sustainability and human capital management matters and meet related goals; continuation or suspension of share repurchases; net earnings and margin performance; earnings per share; future dividends; capital allocation and expenditures; productivity; liquidity; return on invested capital; expense and debt leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including executive orders and other administrative or legislative actions, such as changes to tax laws and regulations; store openings and closures; financial outlook, including guidance for fiscal 2026; and the impact of acquired companies, including SRS and GMS, on our organization and the ability to recognize the anticipated benefits of completed or pending acquisitions.    These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A. "Risk Factors," and elsewhere in our Annual Report on Form 10-K for our fiscal year ended February 1, 2026 and also as described from time to time in reports subsequently filed with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.   Non-GAAP Financial Measures
To provide additional transparency, we supplement our disclosure with certain non-GAAP financial measures. When used in conjunction with our GAAP financial measures, we believe these supplemental non-GAAP financial measures will help management and investors to better understand and analyze our performance. However, this supplemental information should not be considered in isolation or as a substitute for the related GAAP measures. Refer to the end of this release for an explanation and definitions of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures. THE HOME DEPOT, INC.
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(Unaudited)

Three Months Ended

in millions, except per share dataMay 3,
2026
May 4,
2025
% ChangeNet sales$     41,765
$     39,856
4.8 %Cost of sales27,984
26,397
6.0 Gross profit13,781
13,459
2.4Operating expenses:




Selling, general and administrative7,959
7,530
5.7Depreciation and amortization841
796
5.7 Total operating expenses8,800
8,326
5.7Operating income4,981
5,133
(3.0)Interest and other (income) expense:




Interest income and other, net(7)
(24)
(70.8)Interest expense611
615
(0.7) Interest and other, net604
591
2.2Earnings before provision for income taxes4,377
4,542
(3.6)Provision for income taxes1,088
1,109
(1.9)Net earnings$       3,289
$       3,433
(4.2) %





Basic weighted average common shares994
992
0.2 %Basic earnings per share$        3.31
$        3.46
(4.3)





Diluted weighted average common shares996
994
0.2 %Diluted earnings per share$        3.30
$        3.45
(4.3)






Three Months Ended

Selected sales data: May 3,
2026
May 4,
2025
% ChangeComparable sales (% change)0.6 %
(0.3) %
N/AComparable customer transactions (% change) (1)(1.3) %
(0.5) %
N/AComparable average ticket (% change) (1)2.2 %
— %
N/ACustomer transactions (in millions) (1)391.1
394.8
(0.9) %Average ticket (1)$       92.76
$       90.71
2.3












(1)Customer transactions and average ticket measures do not include results from HD Supply or SRS. THE HOME DEPOT, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) 
in millionsMay 3,
2026
May 4,
2025
February 1,
2026Assets




Current assets:




Cash and cash equivalents$         1,601
$         1,369
$         1,389Receivables, net6,624
5,886
5,597Merchandise inventories27,280
25,763
25,817Other current assets1,667
1,511
1,588Total current assets37,172
34,529
34,391Net property and equipment27,930
26,780
28,021Operating lease right-of-use assets9,275
8,699
9,204Goodwill22,479
19,568
22,344Intangible assets, net10,244
8,888
10,329Other assets804
693
806Total assets$      107,904
$       99,157
$      105,095





Liabilities and Stockholders' Equity




Current liabilities:




Short-term debt$         3,503
$             38
$         4,464Accounts payable14,373
14,696
11,491Accrued salaries and related expenses2,237
2,180
2,529Current installments of long-term debt5,178
4,885
4,967Current operating lease liabilities1,484
1,311
1,418Other current liabilities8,805
8,479
7,555Total current liabilities35,580
31,589
32,424Long-term debt, excluding current installments44,828
47,343
46,341Long-term operating lease liabilities8,164
7,714
8,160Other long-term liabilities5,458
4,556
5,357Total liabilities94,030
91,202
92,282Total stockholders' equity 13,874
7,955
12,813Total liabilities and stockholders' equity$      107,904
$       99,157
$      105,095 THE HOME DEPOT, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited)

Three Months Endedin millionsMay 3,
2026
May 4,
2025Cash Flows from Operating Activities:


Net earnings$         3,289
$         3,433Reconciliation of net earnings to net cash provided by operating activities:


Depreciation and amortization, excluding amortization of intangible assets910
855Intangible asset amortization171
139Stock-based compensation expense178
170Changes in working capital1,337
(244)Changes in deferred income taxes65
(3)Other operating activities82
(25) Net cash provided by operating activities6,032
4,325



Cash Flows from Investing Activities:


Capital expenditures(844)
(806)Payments for businesses acquired, net(286)
(156)Other investing activities21
31Net cash used in investing activities(1,109)
(931)



Cash Flows from Financing Activities:


Repayments of short-term debt, net(961)
(278)Proceeds from long-term debt, net of discounts69
29Repayments of long-term debt(1,425)
(1,106)Proceeds from sales of common stock33
11Cash dividends(2,320)
(2,286)Other financing activities(109)
(126)Net cash used in financing activities(4,713)
(3,756)Change in cash and cash equivalents210
(362)Effect of exchange rate changes on cash and cash equivalents2
72Cash and cash equivalents at beginning of period1,389
1,659Cash and cash equivalents at end of period$         1,601
$         1,369NON-GAAP FINANCIAL MEASURESAdjusted operating income, adjusted operating margin, and adjusted diluted earnings per share are presented as supplemental financial measures in the evaluation of our business that are not required by or presented in accordance with GAAP. The Company excludes the impact of amortization expense from acquired intangible assets from adjusted operating income and adjusted operating margin, and the impact of amortization expense from acquired intangible assets, including the related tax effects, from adjusted diluted earnings per share. We do not adjust for the revenue that is generated in part from the use of our acquired intangible assets. Amortization expense, unlike the related revenue, is not affected by operations in any particular period unless an intangible asset becomes impaired, or the useful life of an intangible asset is revised.When used in conjunction with our GAAP results, we believe these non-GAAP measures provide investors with meaningful supplemental measures of our performance period to period, make it easier for investors to compare our underlying business performance to peers, and align to how management analyzes trends and evaluates performance internally. The Company provides non-GAAP financial information on this basis to facilitate comparability when we report earnings results. These non-GAAP measures should not be considered in isolation or as a substitute for their comparable GAAP financial measures. Investors should rely primarily on our GAAP results and use non-GAAP financial measures only supplementally in making investment decisions. Our calculation of non-GAAP measures may not be comparable to similarly titled measures reported by other companies and other companies may not define these non-GAAP financial measures in the same way, which may limit their usefulness as comparative measures.RECONCILIATION OF ADJUSTED OPERATING INCOME AND ADJUSTED OPERATING MARGIN


Three Months Ended

USD in millionsMay 3,
2026
May 4,
2025
% ChangeOperating income (GAAP)$        4,981
$        5,133
(3.0) %Operating margin (1)11.9 %
12.9 %

Acquired intangible asset amortization (2)171
139

Adjusted operating income (Non-GAAP)$        5,152
$        5,272
(2.3) %Adjusted operating margin (Non-GAAP) (3)12.3 %
13.2 %

















(1)Operating margin is calculated as operating income divided by total net sales.(2)Amounts include acquired intangible asset amortization of $119 million and $87 million during the three months ended May 3, 2026 and May 4, 2025, respectively, related to SRS Distribution, Inc., and its subsidiaries.(3)Adjusted operating margin is calculated as adjusted operating income divided by total net sales.Our adjusted operating margin guidance for fiscal 2026 excludes an expected approximately 40 basis point impact from acquired intangible asset amortization. RECONCILIATION OF ADJUSTED DILUTED EARNINGS PER SHARE

Three Months Ended

per share amountsMay 3,
2026
May 4,
2025
% ChangeDiluted earnings per share (GAAP)$           3.30
$           3.45
(4.3) %Impact of acquired intangible asset amortization0.17
0.14

Income tax impact of non-GAAP adjustment (1)(0.04)
(0.03)

Adjusted diluted earnings per share (Non-GAAP)$           3.43
$           3.56
(3.7) %












(1)Calculated as the per share impact of acquired intangible asset amortization multiplied by the Company's effective tax rate for the period.Our adjusted diluted earnings per share guidance for fiscal 2026 excludes an expected after-tax impact of approximately $0.50 from acquired intangible asset amortization. View original content to download multimedia:https://www.prnewswire.com/news-releases/the-home-depot-announces-first-quarter-fiscal-2026-results-reaffirms-fiscal-2026-guidance-302775361.htmlSOURCE The Home Depot Original: The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance

Trump’s Iran Remarks Lift Hopes for Peace Deal as Markets Track Oil and AI Momentum: Dow Jones, S&P, Nasdaq, Wall Street FuturesMay 19, 2026 5:29 AM
IH Market News U.S. futures trade cautiously ahead of key earnings U.S. stock futures were little changed early Tuesday as investors weighed renewed optimism over a possible peace agreement between the United States and Iran while preparing for major technology earnings later this week.At 03:30 ET, Dow futures were broadly flat, S&P 500 futures slipped 0.1%, and Nasdaq 100 futures fell 0.2%.Attention on the earnings calendar is turning first to Home Depot (NYSE:HD), which is set to kick off a series of results from major consumer-facing retailers. However, market focus remains firmly on semiconductor giant Nvidia (NASDAQ:NVDA), whose upcoming earnings are expected to offer fresh insight into the strength of the artificial intelligence investment boom that has continued to support equities despite the ongoing Iran conflict.Wall Street closed mixed on Monday, with the S&P 500 and Nasdaq Composite ending lower while the Dow Jones Industrial Average outperformed, rising 0.3%. Profit-taking in technology shares, rising Treasury yields and elevated oil prices weighed on broader sentiment. Trump pauses new strikes on Iran Market sentiment improved later in Monday’s session after comments from President Donald Trump helped reduce fears of further escalation in the Middle East.According to analysts at Deutsche Bank, Trump’s social media comments helped the S&P 500 recover most of its intraday losses.Trump said he had halted plans for additional attacks on Iran following requests from several Gulf leaders. The president stated that “serious negotiations are now taking place,” adding that, “in the opinion” of Gulf officials, a “Deal will be made, which will be very acceptable to the United States of America, as well as all Countries in the Middle East, and beyond.”He also stressed that any agreement would involve “NO NUCLEAR WEAPONS FOR IRAN!” while warning that the U.S. military remains prepared to launch a “full, large scale assault on Iran, on a moment’s notice” should talks collapse.“The news helped remove some of the risk premium that had built up over the course of yesterday,” Deutsche Bank analysts said.Iranian state media separately reported that Tehran had submitted a new peace proposal to Washington that would end hostilities across all fronts, include the withdrawal of U.S. forces from areas near Iran and provide compensation for damage caused by American and Israeli strikes. Oil prices retreat but remain elevated Brent crude futures were last down 1.8% at $110.07 per barrel. Before the joint U.S.-Israeli military campaign against Iran began in late February, Brent was trading around $70 per barrel.Investors remain concerned that sustained disruption to global energy supplies could reignite inflationary pressures and lead central banks to maintain or increase interest rates.The easing in oil prices also helped stabilise global bond markets after recent heavy selling. Yields on benchmark U.S. 10-year Treasuries retreated from more than one-year highs, while the two-year yield also edged lower.Government bond yields across the eurozone, including Germany, France, Spain and Italy, also moved down, reflecting renewed demand for fixed-income assets.“While near-term yield volatility may keep markets on edge, current attractive yields and growth risks point to an appealing risk-return profile for short- and medium-maturity quality bonds,” analysts at UBS Global Wealth Management said. Google and Blackstone launch AI cloud venture Alphabet’s Google (NASDAQ:GOOG) and Blackstone (NYSE:BX) announced plans to create a new artificial intelligence cloud computing company powered by Google’s proprietary chips.Blackstone will invest $5 billion and hold a majority stake in the venture, according to a joint statement from the companies.The project aims to bring 500 megawatts of computing capacity online by 2027, with plans to significantly expand infrastructure over time.The new company is expected to compete with AI-focused computing providers such as CoreWeave while also strengthening Google’s efforts to commercialise its in-house AI chips, potentially increasing competition for Nvidia. Japan’s economy grows faster than expected Japan’s economy expanded at a stronger-than-expected pace in the first quarter, supported by solid private consumption and export activity.Preliminary government figures released Tuesday showed annualised GDP growth of 2.1% during the January-to-March period, above market expectations of 1.7% and accelerating from a revised 0.8% increase in the previous quarter.On a quarterly basis, GDP rose 0.5%, beating forecasts of 0.4% growth and improving from the prior quarter’s 0.2% increase.Despite the upbeat data, economists warned that the economic impact of the Iran conflict could intensify in the coming months, particularly due to higher energy costs affecting Asian economies reliant on imported fuel.“Japan’s economy approached the Iran war with solid momentum but we think that GDP growth will grind to a halt this quarter and next,” analysts at Capital Economics said.“Looking ahead, the government’s decision to cap prices of petroleum products means that inflation will remain subdued for now. However, that’s unlikely to last as higher energy prices are lifting prices of imported products and will feed through to higher utility bills in due course.”Alphabet stock priceBlackstone stock priceHome Depot stock priceNvidia stock price Original: Trump’s Iran Remarks Lift Hopes for Peace Deal as Markets Track Oil and AI Momentum: Dow Jones, S&P, Nasdaq, Wall Street Futures

Five key themes investors will be watching in markets this weekMay 18, 2026 6:33 AM
IH Market News Global bond market volatility, tensions involving Iran and a packed earnings calendar are set to dominate investor attention in the coming days. Results from AI chip leader NVIDIA (NASDAQ:NVDA) will headline the corporate agenda, alongside earnings from major retailers including Walmart (NYSE:WMT) and Target (NYSE:TGT). Markets are also monitoring reports that SpaceX could release documentation tied to its long-awaited IPO later this week. 1. Bond market selloff remains a central concern The sharp selloff across global bond markets has become one of the biggest issues facing investors at the start of the new trading week, with rising yields continuing to pressure equities.The yield on the benchmark U.S. 10-year Treasury hovered near a 15-month high, while government bond yields in Europe and Asia climbed to multi-year peaks. Bond yields move inversely to prices.Markets have become increasingly concerned that the surge in oil prices caused by the conflict involving Iran could reignite global inflation pressures. Investors are now debating whether central banks, including the Federal Reserve, may need to raise interest rates further if elevated energy prices persist.As volatility spreads through bond markets and borrowing costs rise for households and businesses, finance ministers from G7 countries are scheduled to meet in Paris on Monday. 2. Investors continue monitoring Trump’s Iran strategy The ongoing conflict involving Iran remains another major focus for global markets as the war approaches its 80th day.Although a ceasefire between Washington and Tehran has now lasted longer than the initial phase of fighting that began in late February, uncertainty remains over whether a durable peace agreement can ultimately be reached.President Donald Trump’s recent visit to China, one of the largest buyers of Iranian oil, failed to produce any agreement from Beijing to support a peace arrangement. However, Trump told Fortune magazine that Tehran has been “dying to sign” a deal.For now, markets appear to be facing a prolonged but unstable stalemate.Analysts at Vital Knowledge said Trump now faces a critical choice between resuming military operations or continuing efforts toward diplomatic de-escalation.“We think the latter remains the most probable scenario, but the odds of the former have certainly risen, and media reports over the weekend suggest Trump is receiving extensive briefings from advisors about various military options,” the analysts wrote. 3. Nvidia earnings expected to test AI optimism Despite geopolitical uncertainty, Wall Street has remained relatively resilient thanks largely to continued enthusiasm surrounding artificial intelligence.That optimism will face a major test this week when NVIDIA (NASDAQ:NVDA) releases quarterly earnings after markets close on Wednesday.Nvidia has become one of the most influential companies in global markets due to its dominant role supplying advanced AI chips, making its results a closely watched indicator for both the technology sector and the broader stock market.Large technology companies continue to commit enormous sums toward AI infrastructure investment, and analysts expect Nvidia to deliver exceptionally strong results. Still, some investors have started questioning how sustainable this level of spending may be among major cloud and hyperscale operators. 4. Retail earnings may offer clues on consumer resilience Strong corporate earnings have helped support equities despite geopolitical and macroeconomic uncertainty.This week, however, several major retailers are due to report results that could provide insight into how consumers are handling inflation concerns and economic uncertainty.Alongside Walmart (NYSE:WMT), investors will also focus on results from Target (NYSE:TGT), TJX Companies (NYSE:TJX), and Home Depot (NYSE:HD).Some market participants believe households could begin reducing spending as higher fuel prices linked to tensions involving Iran put additional pressure on consumer budgets. Consumer spending represents more than two-thirds of U.S. economic activity. 5. Markets await possible SpaceX IPO filing Investors are also watching closely for developments surrounding the potential IPO of SpaceX.According to media reports, Elon Musk’s space company is targeting June 12 for a possible public listing, which could become the largest IPO ever completed.If those plans remain on schedule, the company — expected to trade under the ticker “SPCX” — may release its IPO prospectus as early as this week.The filing would provide investors with their first detailed look at SpaceX’s financial structure, operations and ownership arrangements, making it one of the most closely anticipated documents in global equity markets.Nvidia stock priceWalmart stock priceTarget stock priceTJX stock priceHome Depot stock price Original: Five key themes investors will be watching in markets this week

U.S. Futures Point Higher as Cisco and Nvidia Lift Tech Sentiment: Dow Jones, S&P, Nasdaq, Wall StreetMay 14, 2026 9:14 AM
IH Market News U.S. stock futures traded higher on Thursday, with the Nasdaq positioned for additional gains after the technology-heavy index closed at a fresh record high in the previous session.Technology shares looked set to extend their recent rally following strong earnings-related momentum from Cisco Systems (NASDAQ:CSCO).Shares of Cisco surged 14.5% in premarket trading after the company delivered fiscal third-quarter results ahead of expectations and issued upbeat forward guidance. The networking giant also announced plans to reduce its workforce by nearly 4,000 positions. Nvidia Gains on China H200 Chip Report Nvidia (NASDAQ:NVDA) also posted strong premarket gains after Reuters reported that the U.S. had approved around 10 Chinese companies to purchase Nvidia’s H200 chip, its second-most powerful artificial intelligence processor.The development comes during a closely watched summit in Beijing between Donald Trump and Chinese President Xi Jinping.Following a nearly two-hour meeting at the Great Hall of the People, Trump described the discussions as “great.”The White House stated, “The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy.”Meanwhile, China’s foreign ministry said both leaders agreed to pursue a “constructive strategic stable relationship” as the framework for bilateral ties over the next three years and beyond. Nasdaq and S&P 500 Reach Record Closing Highs Driven by strong gains in technology stocks, the Nasdaq rallied sharply on Wednesday and finished at another all-time closing high.The S&P 500 also reached a fresh record close, while the narrower Dow Jones Industrial Average ended slightly lower after posting modest gains earlier in the week.The Dow declined 67.36 points, or 0.1%, to close at 49,693.20. The S&P 500 rose 43.29 points, or 0.6%, to 7,444.25, while the Nasdaq jumped 314.14 points, or 1.2%, to 26,402.34. Semiconductor Stocks Lead Market Higher Chipmakers played a major role in the Nasdaq’s advance, with the Philadelphia Semiconductor Index climbing 2.6%.Nvidia (NASDAQ:NVDA) was among the strongest performers after chief executive Jensen Huang joined Trump’s China delegation at the last minute ahead of meetings with Xi Jinping. Dow Weighed Down by Salesforce and Blue Chips The Dow’s weaker performance was partly driven by a 3.2% decline in shares of Salesforce (NYSE:CRM).Additional losses from IBM (NYSE:IBM), Home Depot (NYSE:HD) and Visa (NYSE:V) also pressured the blue-chip index. Inflation Data Raises Rate Concerns Markets also reacted to new inflation data from the U.S. Labor Department showing producer prices rose significantly more than expected in April.The producer price index for final demand increased 1.4% during the month after an upwardly revised 0.7% gain in March. Economists had expected a rise of 0.5%.The monthly jump marked the largest increase since March 2022, when producer prices climbed 1.7%.Annual producer price inflation accelerated to 6.0% in April from 4.3% in March, exceeding economist forecasts for 4.9% growth and marking the fastest annual increase since December 2022. Economists Warn Inflation Could Stay Elevated “The jump in input prices portends further increases for consumer prices in May,” said Ben Ayers, senior economist at Nationwide. “We expect annual CPI inflation to move above 4.0 percent in May with energy prices still highly elevated more than two months into the Iranian conflict.”He added, “With inflation still trending higher, we expect the hawkish wing of the FOMC to advocate for an extended pause in interest rates even with incoming Fed Chair Kevin Warsh likely to prefer to lower rates over time.” Utilities and Housing Stocks Under Pressure Following the inflation report, sectors sensitive to interest rates, including utilities and housing stocks, moved lower during Wednesday’s session.Cisco stock priceNvidia stock priceSalesforce stock priceIBM stock priceHome Depot stock priceVisa stock price Original: U.S. Futures Point Higher as Cisco and Nvidia Lift Tech Sentiment: Dow Jones, S&P, Nasdaq, Wall Street

HD! Shorts back in control

The Home Depot Delivers Customer Support Four Times Faster Using Google Cloud's Gemini Enterprise for Customer ExperienceApril 22, 2026 7:58 AM
PR Newswire (US)

The Home Depot is launching a new customer service AI voice agent phone system to provide faster support for customer calls to U.S. stores.The AI agents help with project assistance and answer questions in many languages, while always offering a direct path to Home Depot associatesSystem is built on Google Cloud's Gemini Enterprise for Customer Experience and powered by the latest Gemini conversational AI audio modelsLAS VEGAS, April 22, 2026 /PRNewswire/ -- Cloud Next '26 -- The Home Depot, the world's largest home improvement retailer, today announced new AI-powered phone agents designed to get customers the help they need faster. Built on Google Cloud's Gemini Enterprise for Customer Experience, the agents allow customers to skip complicated phone menus and get straight to solving their home improvement problems through natural conversation.







Now, when calling a Home Depot store, customers can simply state the reason for their call in their own words. The new system is designed to understand what they need help with immediately, while ensuring they always have the option to speak directly with a human associate. Real-time translations also enable support for customers in any language.Early results from a 50-store pilot show that AI voice agents understand why a customer is calling in fewer than 10 seconds—getting them to a solution four times faster than navigating traditional phone menus. This allows customers to spend less time on the phone and more time on their projects or jobs. Additionally, Home Depot associates in the pilot also reported higher job satisfaction, with more time to focus on in-store shoppers."Nobody likes getting trapped in a phone menu. When a customer calls us, they just want to get help as quickly as possible," said Jordan Broggi, executive vice president of customer experience and president of online at Home Depot. "Using customer service AI voice agents, we're moving away from 'Please listen to these options' and toward 'how can I help?' AI does a tremendous job at recognizing customer intent and taking direct action to help complete a purchase or even start a service request. And of course, if they need to speak with an associate, we'll quickly connect them."Trained on The Home Depot's vast product catalog and "orange-apron" knowledge, the system can:Get answers without the wait: The AI voice agents are empowered to resolve common customer inquiries from start to finish, such as checking an order status, confirming product availability, or providing store information, freeing up Home Depot associates to handle more complex issues.Take direct action to save time: The system moves beyond simply providing information, to acting on behalf of customers. For example, AI agents can initiate service requests, send a product link directly to a customer's pre-filled cart, and even help customers complete a purchase in minutes right from their phones.Turn project ideas into ready-to-buy carts: Customers will be able to simply describe their projects in their own words, and the AI voice agent will start building a digital shopping cart with all the necessary items based on real-time online or in-store inventory."The Home Depot is a prime example of how retailers and large enterprises can use AI to move beyond automation and deliver real customer value at scale," said Darshan Kantak, vice president, Applied AI, Google Cloud. "By integrating Gemini Enterprise for Customer Experience capabilities, The Home Depot  isn't just directing traffic or routing calls—it is instantly understanding a customer's true intent and applying the reasoning of an expert associate to find solutions."The Home Depot plans to expand the AI customer service voice agent system to support all U.S. stores over the coming year. For more information, visit https://corporate.homedepot.com.About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of the fiscal year 2025, the company operated a total of 2,359 retail stores and over 1,250 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.About Google Cloud
Google Cloud offers a powerful, optimized AI stack — including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications — that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner. 



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Original: The Home Depot Delivers Customer Support Four Times Faster Using Google Cloud's Gemini Enterprise for Customer Experience

HD, new 52 week low

$AXIL Brands Launches AXIL Hearing Protection Products at HomeDepot Online

LOS ANGELES, April 01, 2026 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (NYSE American: AXIL), a leader in innovative hearing enhancement and protection technology, today announced a new agreement with Home Depot, that will feature a suite of its flagship AXIL products available for purchase on HomeDepot.com.

This strategic online partnership broadens Home Depot’s ability to offer industry-leading hearing protection solutions to its customers, while expanding the use-case for AXIL’s unique and feature-rich products. DIY enthusiasts and professionals who operate construction, industrial, and other loud equipment, seeking maximum safety and protection from hearing loss and serious structural damage to the auditory canal can now find AXIL’s best-of-class products on Home Depot’s online platform.

The expanded online availability at The Home Depot includes the following high-performance products:

MX Series Earmuffs – Advanced true wireless Bluetooth earmuffs featuring HearPRO™ digital hearing protection with automatic noise compression, sound enhancement, intuitive touch controls, and superior all-day comfort.
X Series Ear Plugs – Premium passive and hybrid earplugs designed for reliable noise reduction in high-decibel environments. The lineup includes the popular X30i and soon to be featured X20 models, delivering exceptional comfort and protection for everyday use.
GS Extreme 3.0 – The newly launched Bluetooth-enabled in-ear hearing protection solution with up to 15 hours of battery life, SonicShieldX™ technology for advanced impact sound filtering, smart sound balance, and versatile modes ideal for work, travel, and recreation.
“Expanding the availability of our advanced hearing protection products to HomeDepot.com is another exciting step in expanding AXIL’s retail footprint,” said Jeff Toghraie, CEO of AXIL Brands. “This partnership is an important milestone in bringing our innovative technology to a much wider audience, including many who may not yet be familiar with AXIL’s capabilities. As we continue to develop safe, highly effective, targeted products for an expanded number of markets, premier retail partners like Home Depot will play an increasingly important role in our distribution strategy. We look forward to collaborating closely to better serve their customers.”

Customers can now shop the AXIL hearing protection lineup directly on HomeDepot.com or visit the company’s website at http://www.goaxil.com.

About AXIL Brands, Inc. AXIL Brands, Inc. (NYSE American: AXIL) designs, manufactures, and markets premium hearing enhancement and protection devices under the AXIL® brand. The company’s innovative products serve shooters, hunters, industrial users, musicians, and everyday consumers who demand superior sound clarity combined with effective hearing protection. AXIL is committed to redefining hearing technology through advanced engineering and user-focused design.

Forward-Looking Statements

This press release contains a number of forward-looking statements within the meaning of the federal securities laws. The use of words such as “anticipate,” “believe,” “expect,” “continue,” “will,” “may,” “prepare,” “should,” and “focus,” among others, generally identify forward-looking statements. These forward-looking statements are based on currently available information, and management’s beliefs, projections, and current expectations, and are subject to a number of significant risks and uncertainties, many of which are beyond management’s control and may cause the Company’s results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: (i) the Company’s ability to grow its net sales and operations, including developing new and improved products, diversifying and expanding its distribution and retail channels, and expanding internationally, and perform in accordance with any guidance; (ii) the Company’s ability to generate sufficient revenue to support the Company’s operations and to raise additional funds or obtain other forms of financing as needed on acceptable terms, or at all; (iii) potential difficulties or delays the Company may experience in implementing its cost savings and efficiency initiatives; (iv) the Company’s ability to compete effectively with other hair and skincare companies and hearing enhancement and protection companies; (v) the concentration of the Company’s customers, potentially increasing the negative impact to the Company by changing purchasing or selling patterns; (vi) changes in laws or regulations in the United States and/or in other major markets, such as China, in which the Company operates, including, without limitation, with respect to taxes, tariffs, trade policies or product safety, which may increase the Company’s product costs and other costs of doing business, and reduce the Company’s earnings; (vii) the Company’s ability to engage in acquisitions, investments, partnerships, strategic alliances or dispositions when desired; (viii) the Company’s ability to successfully accelerate its supply chain transition strategy and achieve the intended benefits; and (ix) the impact of unstable market and general economic conditions on the Company’s business, financial condition and stock price, including inflationary cost pressures, the possibility of an economic recession and other macroeconomic factors, geopolitical events, and uncertainty, increased tariffs and other trade restrictions and barriers, unemployment rates, decreased discretionary consumer spending, supply chain disruptions and constraints, labor shortages, ongoing economic disruption, including the effects of the U.S. federal government shutdown, the Ukraine-Russia conflict and conflict in the Middle East, and other downturns in the business cycle or the economy. There can be no assurance as to any of these matters, and potential investors are urged to consider these factors carefully in evaluating the forward-looking statements. Other important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in the Company’s filings with the U.S. Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. Except as required by law, the Company does not assume any obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future.

Media Contact: press@goaxil.com

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Source: AXIL Brands, Inc.

The Home Depot Names Franziska Bell EVP and Chief Technology OfficerMarch 31, 2026 10:15 AM
PR Newswire (US)

ATLANTA, March 31, 2026 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that Dr. Franziska "Fran" Bell has been named executive vice president (EVP) and chief technology officer (CTO), effective April 6. As CTO, she will lead the strategy, development and alignment of technology, product management, data and artificial intelligence (AI) for The Home Depot.







Most recently, Bell led AI transformation as chief data, AI and analytics officer for Ford Motor Company. Prior to Ford, she served as senior vice president of digital technology at BP and held executive roles at Uber and Toyota. As a globally recognized leader in technology and AI, she will drive the enterprise-wide integration of agentic AI and machine learning to create a seamless, interconnected and data-driven experience for The Home Depot's associates, DIYers and Pro customers."The Home Depot is a project retailer, and customers engage with us across multiple touch points – whether that's online, in our aisles or increasingly, with AI," said Ted Decker, chair, president and CEO of The Home Depot. "Fran is a respected leader in data science and AI, and she understands the power of technology to improve the customer experience. Her expertise will be invaluable as we invest to remove friction and make home improvement seamless for our associates and customers.""I've always believed that the most powerful technology is the kind you don't notice, because it's busy behind the scenes making your life easier," said Fran Bell. "Joining a customer-first brand like The Home Depot is an incredible opportunity to put technology and AI to work where it matters most—helping homeowners confidently take on their first renovations or giving Pro contractors the digital tools they need to grow their businesses. I look forward to working with this incredible team to build even smarter ways to get the job done."About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of fiscal 2025, the company operated a total of 2,359 retail stores and over 1,250 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.



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Original: The Home Depot Names Franziska Bell EVP and Chief Technology Officer

I have been ordering from HD for years, without issue. Often the orders were received faster than Amazon orders. The last two orders I made with them got lost, then delivered, up to a week late. It seems like AI has been over-implemented within their supply chain software links to shippers and it is broken. When inquiring about one order, the person I spoke with refunded me for the order, then it showed up. Seems like these kinda of errors will negatively affect their profits.

HD, where is the bottom

The Home Depot Expands Pro Digital Experience with Latest Project Management and AI ToolsMarch 18, 2026 4:30 PM
PR Newswire (US)

ATLANTA, March 18, 2026 /PRNewswire/ -- The Home Depot, the world's largest home improvement retailer, is expanding its Pro digital experience to help professional renovators, remodelers and builders manage their projects, materials and businesses from a single, easy-to-use workspace.







For Pros, time is money, and every minute of their day is critical. The operational friction caused by using disconnected digital tools is a direct barrier to growth. To help solve this, The Home Depot enhanced its digital experience for its Pro Xtra loyalty program members to ensure they have the tools they need to scale their businesses right at their fingertips.The Home Depot's digital workspace was designed with the real-life needs of Pros and their entire project lifecycle in mind, providing complete visibility and control in one central experience to help them save time, increase efficiencies and stay focused on the job. Moving beyond simple transactions, the updated Home Depot Pro site experience functions as a project management tool with features built for the day-to-day Pro workflow. The site surfaces the tools Pros rely on most front and center, including:Project Planning: allows Pros to organize large jobs with personalized delivery preferences, preferred pricing and inventory visibility. Pros have access to the majority of The Home Depot's product assortment within the Project Planning tool, including millions of items available in stores and fulfillment centers. The recently launched Material List Builder AI integrates directly with the Project Planning tool, which interprets project intent to generate actionable material lists in seconds, helping Pros bid for jobs faster.Real-Time Delivery Tracking: Pros can now track down-to-the-minute delivery of big and bulky materials like concrete, drywall and lumber.Complex Order Scheduling: Pros can schedule and manage deliveries even when items are coming from multiple locations, ensuring materials reach the jobsite based on availability.Purchase History: ongoing enhancements to purchase history that will allow for easy organization and search of previous orders and receipts, making reconciliation much simpler for Pros.Shared Access: allows Pros to maintain oversight while empowering their teams with customizable permissions to help keep projects moving and focus on growing their business. Pros can also collaborate directly with their Home Depot Pro team within the site, providing consistent support and expertise on product selection regardless of whether a Pro is in store or online.  This expanded digital experience is a part of The Home Depot's ongoing investment to grow its ecosystem of capabilities for Pros. The Home Depot will continue to add new features within the platform that meet the evolving needs of today's Pros to provide a frictionless, interconnected experience when managing projects of all sizes and complexities."Pros run their business from the truck, the jobsite and our aisles – not a desk," said Mike Rowe, executive vice president of Pro for The Home Depot. "Our upgraded Pro site experience provides tools that work the way Pros do, by integrating project management into their mobile workspace to help them oversee entire jobs, not just individual purchases. And the best part is that all of these tools are available through one supplier."The Pro digital workspace is available for free to all Pro Xtra members online or within The Home Depot mobile app. In addition to digital tools, The Home Depot offers its Pro Xtra members personalized pricing and custom rewards. From March 23 – 29, The Home Depot will host Pro Xtra Week, an online and in-store celebration featuring exclusive savings, special offers, giveaways and vendor demos. For more information on Pro Xtra Week, visit homedepot.com/c/pro-xtra.About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of the fourth quarter, the company operated a total of 2,359 retail stores and over 1,250 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.



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Original: The Home Depot Expands Pro Digital Experience with Latest Project Management and AI Tools

HD, dollar cost average

Home Depot posts stronger-than-expected Q4 comparable sales growthFebruary 24, 2026 8:56 AM
IH Market News
Home Depot (NYSE:HD) reported an unexpected rise in fourth-quarter comparable sales, signaling resilient U.S. demand even amid limited storm activity and an uncertain operating environment.The home-improvement retailer said same-store sales increased 0.4% during the period, outperforming Bloomberg consensus expectations that had called for a 0.36% decline.In the United States, comparable sales edged up 0.3%, contrasting with forecasts for a 0.54% drop.Adjusted earnings per share reached $2.72 for the three months ended February 1, exceeding analyst expectations of $2.55.Chief executive officer Ted Decker said the performance was “largely in-line” with the company’s internal forecasts, noting that results were partly influenced by the absence of severe weather during the third quarter. Home Depot and competitors such as Lowe’s often benefit from increased demand for repair and rebuilding supplies following storms.Decker also pointed to “ongoing consumer uncertainty” and continued “pressure” in the broader housing market. High home prices and subdued hiring trends have contributed to uneven housing demand in the United States, despite some easing in interest and mortgage rates.His remarks echoed earlier comments from chief financial officer Richard McPhail, who said during a December investor day that consumer caution linked to cost-of-living pressures is expected to persist into this year. McPhail also warned there has not been “a catalyst or an inflection in housing activity.”Home Depot reaffirmed its previously issued outlook, expecting comparable sales growth in fiscal 2026 to range from flat to 2%. Adjusted earnings per share are still projected to be flat to up 4% for the year.Shares of the Atlanta-based retailer moved higher in U.S. premarket trading on Tuesday.Home Depot stock price

Original: Home Depot posts stronger-than-expected Q4 comparable sales growth

Home Depot annonce ses résultats du quatrième trimestre et de l'exercice 2025, une augmentation du dividende trimestriel de 1,3 % et ses perspectives au sujet de l'exercice 2026February 24, 2026 6:17 AM
PR Newswire (Canada)

ATLANTA, le 24 févr. 2026 /CNW/ - The Home Depot®, le plus important détaillant au monde dans le secteur de la rénovation résidentielle, a annoncé aujourd'hui ses résultats du quatrième trimestre et de l'exercice 2025.
Quatrième trimestre de l'exercice 2025L'entreprise a enregistré des ventes de 38,2 milliards de dollars au quatrième trimestre de l'exercice 2025, ce qui représente une diminution de 1,5 milliard de dollars ou 3,8 % par rapport au même trimestre de l'exercice 2024. Le quatrième trimestre de l'exercice 2025 comportait 13 semaines, comparativement à 14 semaines lors de l'exercice précédent. La 14e semaine de l'exercice 2024 a ajouté des ventes d'environ 2,5 milliards de dollars au quatrième trimestre et à l'exercice.Toujours au quatrième trimestre de l'exercice 2025, les ventes comparables ont augmenté de 0,4 %, et les ventes comparables aux États-Unis ont augmenté de 0,3 %.L'entreprise a enregistré un bénéfice net de 2,6 milliards de dollars au quatrième trimestre de l'exercice 2025, soit un bénéfice dilué par action de 2,58 $, comparativement à un bénéfice net de 3,0 milliards de dollars et à un bénéfice dilué par action de 3,02 $ à la même période durant l'exercice 2024. La 14e semaine de l'exercice 2024 avait alors accru le bénéfice dilué par action d'environ 0,30 $ pour le quatrième trimestre et l'exercice.Le bénéfice dilué par action rajusté(1) était de 2,72 $ au quatrième trimestre de l'exercice 2025, comparativement à un bénéfice dilué par action rajusté(1) de 3,13 $ à la même période de l'exercice 2024. La 14e semaine de l'exercice 2024 avait alors accru le bénéfice dilué par action rajusté d'environ 0,30 $ pour le quatrième trimestre et l'exercice.Exercice financier 2025Les ventes de l'exercice 2025 se sont chiffrées à 164,7 milliards de dollars, ce qui représente une augmentation de 5,2 milliards de dollars ou 3,2 % par rapport à l'exercice 2024. Toujours pendant l'exercice 2025, les ventes comparables ont augmenté de 0,3 % et les ventes comparables aux États-Unis ont augmenté de 0,5 %.Le bénéfice net de l'exercice 2025 s'est chiffré à 14,2 milliards de dollars, soit un bénéfice dilué par action de 14,23 $, comparativement à un bénéfice net de 14,8 milliards de dollars et à un bénéfice dilué par action de 14,91 $ à l'exercice 2024.Le bénéfice dilué par action rajusté(1) de l'exercice 2025 a été de 14,69 $, comparativement à un bénéfice dilué par action rajusté de 15,24 $ à l'exercice 2024.«Tout au long de l'exercice 2025, nos équipes ont effectué un travail incroyable en s'impliquant auprès de nos clients et en augmentant notre part du marché. J'aimerais les remercier pour leur travail acharné et leur dévouement», a déclaré Ted Decker, président du conseil d'administration, chef de la direction et président de l'entreprise. «Nos résultats du quatrième trimestre ont été en grande partie conformes à nos attentes, reflétant la rareté des tempêtes au cours du troisième trimestre ainsi qu'une incertitude des consommateurs et une pression sur l'immobilier persistantes. En ajustant les résultats pour tenir compte de la rareté relative des tempêtes, la demande fondamentale est demeurée relativement stable tout au long de l'exercice».Déclaration relative au dividendeL'entreprise a annoncé aujourd'hui que son conseil d'administration avait approuvé une augmentation de 1,3 % dans son dividende trimestriel, ce qui porte sa valeur à 2,33 $ par action, soit un dividende annuel de 9,32 $ par action.Le dividende sera versé le 26 mars 2026 aux actionnaires inscrits à la fermeture des bureaux le 12 mars 2026. Ce trimestre est le 156e consécutif où l'entreprise paie un dividende en espèces.Perspectives au sujet de l'exercice 2026
L'entreprise a fourni les perspectives suivantes pour l'exercice 2026 :Augmentation des ventes totales d'environ 2,5 % à 4,5 %Augmentation des ventes comparables d'environ 0,0 % à 2,0 %Ouverture d'environ 15 nouveaux magasinsTaux de marge brute d'environ 33,1 %Taux de marge d'exploitation d'environ 12,4 % à 12,6 %Taux de marge d'exploitation rajustée(1) d'environ 12,8 % à 13,0 %Taux d'imposition effectif d'environ 24,3 %Intérêts débiteurs nets d'environ 2,3 milliards de dollarsAugmentation du bénéfice dilué par action d'environ 0,0 % à 4,0 %, comparativement à une valeur de 14,23 $ lors de l'exercice 2025Augmentation du bénéfice dilué par action rajusté(1) d'environ 0,0 % à 4,0 %, comparativement à une valeur de 14,69 $ lors de l'exercice 2025Dépenses en capital représentant environ 2,5 % des ventes totales (1)L'entreprise rapporte ses résultats financiers conformément aux principes comptables généralement reconnus (PCGR) aux États-Unis. De la façon dont ils sont utilisés dans la présente publication, le bénéfice d'exploitation rajusté, la marge d'exploitation rajustée et le bénéfice dilué par action rajusté ne sont pas conformes aux PCGR. Une explication de ces mesures financières non conformes aux PCGR ainsi que des rapprochements avec les mesures conformes aux PCGR les plus directement comparables figurent à la fin de ce document.Home Depot tiendra aujourd'hui, à 9 h, heure de l'Est, une conférence téléphonique en vue de discuter de l'information contenue dans le présent communiqué de presse et de sujets connexes. Cette conférence sera intégralement accessible en webdiffusion et en différé au ir.homedepot.com/events-and-presentations.À la fin du quatrième trimestre, l'entreprise exploitait un total de 2 359 magasins de détail et plus de 1 250 succursales SRS dans l'ensemble des 50 États américains, dans le District de Columbia, à Porto Rico, dans les Îles Vierges américaines, à Guam, dans les dix provinces canadiennes et au Mexique. L'entreprise emploie plus de 470 000 associés. Les actions de Home Depot sont cotées à la bourse de New York (NYSE) sous le symbole HD et font partie des indices Dow Jones Industrial Average et Standard & Poor's 500.Mise en garde concernant les énoncés prospectifs
Certains énoncés contenus dans le présent document constituent des «énoncés prospectifs» tels qu'ils sont définis par les lois fédérales américaines sur les valeurs mobilières, notamment la «Private Securities Litigation Reform Act of 1995». Ces énoncés prospectifs sont fondés sur les renseignements actuellement disponibles et les hypothèses, attentes et prévisions actuelles de l'entreprise quant à des événements à venir. Ils comportent différents verbes conjugués au présent, au futur, au conditionnel ou au subjonctif, notamment «pouvoir», «risquer», «devoir», «savoir», «anticiper», «évaluer», «prévoir», «planifier», «estimer» et «s'engager», ainsi que du vocabulaire comme «attendu», «intention», «attentes», «cibles», «perspectives», «possible», «potentiel» et «prévisions», de même que d'autres mots ayant une teneur ou signification similaire ou faisant référence à des périodes de temps futures. Les énoncés prospectifs peuvent porter, entre autres, sur la marque et la réputation de l'entreprise; la demande pour les produits et services de l'entreprise (sujette à l'influence des conditions macroéconomiques ainsi qu'à l'évolution des attentes et des préférences des clients); la croissance nette des ventes; les ventes comparables; les effets de la concurrence; la mise en œuvre d'initiatives stratégiques, notamment en magasin et dans les domaines du commerce de détail interrelié, de la chaîne d'approvisionnement, des innovations et des technologies (y compris en ce qui a trait à l'immobilier); les situations des stocks et leur disponibilité sur les étagères; le contexte économique; l'état des marchés du logement et de la rénovation résidentielle; l'état du marché de crédit (y compris les hypothèques, les prêts hypothécaires sur la valeur nette de la propriété et le crédit à la consommation et commercial); l'incidence des tarifs douaniers; les changements à la politique commerciale ou les restrictions liées à celle-ci, les différends commerciaux internationaux ainsi que les efforts et la capacité de continuer à diversifier la chaîne d'approvisionnement de l'entreprise; les problèmes liés aux modes de paiement acceptés par l'entreprise; la demande pour les offres de crédit (y compris le crédit commercial); la gestion des relations avec les associés, les personnes en recherche d'emploi, les fournisseurs et les fournisseurs de services de l'entreprise; le coût et la disponibilité de la main-d'œuvre; le coût du carburant et d'autres sources d'énergie; les événements qui pourraient perturber les activités, la chaîne d'approvisionnement ou l'infrastructure technologique de l'entreprise ou encore la demande de produits et de services de l'entreprise (y compris les tarifs douaniers, les changements à la politique commerciale ou les restrictions liées à celle-ci, ou encore les différends commerciaux internationaux, les catastrophes naturelles, les changements climatiques, les problèmes de santé publique, les incidents de cybersécurité, les conflits de travail, les tensions ou conflits géopolitiques, les conflits militaires ou les actes de guerre); la capacité de l'entreprise à maintenir un environnement sécuritaire dans ses magasins; la capacité de l'entreprise à répondre aux attentes en matière de développement durable et de gestion du capital humain ainsi qu'à atteindre les objectifs connexes; la poursuite ou la suspension des rachats d'actions; le rendement en matière de marge et de bénéfices nets; les bénéfices par action; les dividendes futurs; l'imputation sur les fonds propres et les dépenses en capital; la productivité; les liquidités; le rendement du capital investi; l'effet de levier des dépenses et des dettes; les changements des taux d'intérêt; les changements des taux de change; la fluctuation des prix des marchandises; la capacité de l'entreprise à émettre des titres de créances à des conditions et à des taux acceptables pour elle; l'incidence et les résultats attendus des enquêtes, des demandes, des réclamations et des litiges (y compris la conformité aux règlements connexes); les défis liés à l'exploitation sur les marchés internationaux; la suffisance des couvertures d'assurance; l'incidence des frais de comptabilité; l'incidence de l'adoption de certains principes comptables; l'incidence des changements juridiques et réglementaires, notamment les décrets présidentiels et d'autres mesures administratives ou législatives (y compris les modifications aux lois et règlements fiscaux); les ouvertures et les fermetures de magasins; les perspectives financières (y compris celles pour l'exercice 2026); et l'incidence des autres sociétés acquises (y compris SRS et GMS) sur l'entreprise ainsi que la capacité de l'entreprise à profiter des avantages prévus des acquisitions réalisées ou en cours.    Ces énoncés ne sont pas garants du rendement à venir de l'entreprise et sont sujets aux événements, aux incertitudes et aux risques futurs, dont bon nombre ne dépendent pas de l'entreprise, mais plutôt des actions de tiers, et sont pour l'instant encore inconnus de l'entreprise, ainsi qu'aux hypothèses potentiellement inexactes, qui pourraient faire que les résultats obtenus diffèrent de façon importante des expériences antérieures, des attentes et des prévisions de l'entreprise. Ces risques et incertitudes comprennent, sans s'y limiter, ceux décrits en 1A dans la partie I, «Facteurs de risque», et ailleurs dans le rapport annuel de l'entreprise du formulaire 10-K pour l'exercice financier se terminant le 2 février 2025, ainsi que ceux décrits de temps à autre dans les rapports subséquents déposés par l'entreprise auprès de la Securities and Exchange Commission (ci-après la «SEC»). D'autres facteurs que l'entreprise ne peut prévoir et qui ne sont pas décrits précédemment parce qu'elle ne les juge pas significatifs actuellement peuvent également exister. De tels facteurs pourraient aussi faire en sorte que les résultats obtenus diffèrent de façon importante des attentes de l'entreprise. Les énoncés prospectifs ne sont valables qu'à la date où ils ont été émis et ne sont tenus à jour que si la loi l'exige. Il est recommandé d'examiner toute déclaration éventuelle que présente l'entreprise relativement à ces questions dans les rapports qu'elle dépose auprès de la SEC et dans ses énoncés publics.Mesures financières non conformes aux PCGR
Afin d'assurer une transparence accrue, cette communication de l'entreprise est également accompagnée de certaines mesures financières non conformes aux PCGR. Quand elles sont utilisées conjointement avec les mesures financières conformes aux PCGR, l'entreprise estime que ces mesures financières supplémentaires non conformes aux PCGR aideront les gestionnaires et les investisseurs à mieux comprendre et analyser le rendement de l'entreprise. Cependant, ces renseignements supplémentaires ne sauraient être considérés isolément ou se substituer aux mesures financières conformes aux PCGR associées. Des définitions et une explication de ces mesures financières non conformes aux PCGR ainsi que des rapprochements avec les mesures conformes aux PCGR les plus directement comparables figurent à la fin de ce document.THE HOME DEPOT, INC.
ÉTAT CONSOLIDÉ ET SIMPLIFIÉ DES RÉSULTATS
(Non vérifié)

Trois mois(1) ayant pris fin le


Exercice(2) ayant pris fin le

montants en millions, USD, exception faite des données par action1er février
2026
2 février
2025
Variation (%)
1er février
2026
2 février
2025
Variation (%)Ventes nettes$ 38,198
$ 39,704
(3.8) %
$ 164,683
$ 159,514
3.2 %Coût des ventes25,732
26,670
(3.5)
109,818
106,206
3.4Marge bénéficiaire brute12,466
13,034
(4.4)
54,865
53,308
2.9Charges d'exploitation :










Frais de vente, généraux et administratifs7,772
7,725
0.6
30,702
28,748
6.8Dépréciation et amortissement845
814
3.8
3,273
3,034
7.9Total des charges d'exploitation8,617
8,539
0.9
33,975
31,782
6.9Bénéfice d'exploitation3,849
4,495
(14.4)
20,890
21,526
(3.0)Dépenses (revenus) d'intérêts et autres :










Intérêts créditeurs et autres, nets(43)
(30)
43.3
(124)
(201)
(38.3)Intérêts débiteurs594
638
(6.9)
2,412
2,321
3.9Intérêts et autres, nets551
608
(9.4)
2,288
2,120
7.9Bénéfice, avant les charges d'impôts3,298
3,887
(15.2)
18,602
19,406
(4.1)Charge d'impôts727
890
(18.3)
4,446
4,600
(3.3)Bénéfice net$  2,571
$  2,997
(14.2) %
$  14,156
$  14,806
(4.4) %











Actions ordinaires moyennes pondérées en circulation993
991
0.2 %
993
990
0.3 %Bénéfice par action en circulation$    2.59
$    3.02
(14.2)
$    14.26
$    14.96
(4.7)











Actions ordinaires moyennes pondérées diluées995
994
0.1 %
995
993
0.2 %Bénéfice dilué par action$    2.58
$    3.02
(14.6)
$    14.23
$    14.91
(4.6)












Trois mois(1) ayant pris fin le


Exercice(2) ayant pris fin le

Données de vente choisies : 1er février
2026
2 février
2025
Variation (%)
1er février
2026
2 février
2025
Variation (%)Ventes comparables (variation [%])0.4 %
0.8 %
S. O.
0.3 %
(1.8) %
S. O.Transaction clients comparable (variation [%])(3)(1.6) %
0.6 %
S. O.
(1.0) %
(1.0) %
S. O.Facture moyenne comparable (variation [%])(3)2.4 %
0.2 %
S. O.
1.4 %
(0.9) %
S. O.Transaction clients (en millions)(3)366.5
400.4
(8.5) %
1,601.5
1,637.2
(2.2) %Facture moyenne(3)$  91.28
$  89.11
2.4
$    90.56
$    89.31
1.4











(1) Les trois mois ayant pris fin le 1er février 2026 incluaient 13 semaines. Les trois mois ayant pris fin le 2 février 2025 incluaient 14 semaines.(2) L'exercice financier ayant pris fin le 1er février 2026 incluait 52 semaines. L'exercice financier ayant pris fin le 2 février 2025 incluait 53 semaines.(3) Les données sur la transaction des clients et la facture moyenne n'incluent ni les résultats de HD Supply ni ceux de SRS (y compris GMS).  THE HOME DEPOT, INC.
BILANS CONSOLIDÉS ET SIMPLIFIÉS 
(Non vérifiés)
Montants en millions, USD1er février
2026
2 février
2025Actif


Actif à court terme :


Trésorerie et équivalents de trésorerie$           1,389
$           1,659Comptes clients nets5,597
4,903Stock de marchandises25,817
23,451Autres actifs à court terme1,588
1,670Total de l'actif à court terme34,391
31,683Immobilisations corporelles nettes28,021
26,702Actifs liés au droit d'utilisation découlant de contrats de location simple9,204
8,592Écarts d'acquisition22,344
19,475Actifs intangibles, nets10,329
8,983Autres actifs806
684Actif total$       105,095
$         96,119



Passif et capitaux propres


Passif à court terme :


Dettes à court terme$           4,464
$              316Comptes fournisseurs11,491
11,938Salaires à payer et frais afférents2,529
2,315Versements à court terme relatifs aux dettes à long terme4,967
4,582Passifs liés aux contrats de location simple à court terme1,418
1,274Autres passifs à court terme7,555
8,236Passif total à court terme32,424
28,661Dettes à long terme, excluant les versements à court terme46,341
48,485Passifs liés aux contrats de location simple à long terme8,160
7,633Autres passifs à long terme5,357
4,700Passif total92,282
89,479Total des capitaux propres12,813
6,640Passif total et capitaux propres$       105,095
$         96,119 THE HOME DEPOT, INC.
ÉTAT DU FLUX DE TRÉSORERIE CONSOLIDÉ ET SIMPLIFIÉ
(Non vérifié)

Exercice(1) ayant pris fin lemontants en millions, USD1er février
2026
2 février
2025Flux de trésorerie provenant des activités d'exploitation :


Bénéfices nets$         14,156
$         14,806Rapprochement des bénéfices nets et de la trésorerie nette provenant des activités d'exploitation :


Dépréciation et amortissement, excluant l'amortissement des actifs intangibles3,514
3,336Amortissement des actifs intangibles607
425Dépenses liées à la rémunération sous forme d'actions522
442Changements aux fonds de roulement(3,084)
679Changements aux impôts reportés418
15Autres activités d'exploitation192
107Trésorerie nette provenant des activités d'exploitation16,325
19,810



Flux de trésorerie provenant des activités d'investissement :


Dépenses en capital(3,679)
(3,485)Paiements liés à l'acquisition d'entreprises, nets(5,410)
(17,644)Autres activités d'investissement109
98Trésorerie nette utilisée pour les activités d'investissement(8,980)
(21,031)



Flux de trésorerie provenant d'activités de financement :


Remboursement de la dette à court terme, net4,148
316Produits de la dette à long terme, nets d'escomptes2,161
10,010Remboursement de la dette à long terme(5,040)
(1,536)Rachats d'actions ordinaires—
(649)Produits provenant de la vente d'actions ordinaires314
395Dividendes en espèces(9,152)
(8,929)Autres activités de financement(145)
(301)Trésorerie nette des activités de financement(7,714)
(694)Changements à la trésorerie et aux équivalents de trésorerie(369)
(1,915)Effet du taux de change sur la trésorerie et les équivalents de trésorerie99
(186)Trésorerie et équivalents de trésorerie en début de période1,659
3,760Trésorerie et équivalents de trésorerie en fin de période$           1,389
$           1,659









(1) L'exercice financier ayant pris fin le 1er février 2026 incluait 52 semaines. L'exercice financier ayant pris fin le 2 février 2025 incluait 53 semaines.MESURES FINANCIÈRES NON CONFORMES AUX PCGRLe bénéfice d'exploitation rajusté, la marge d'exploitation rajustée (calculée en divisant le bénéfice d'exploitation rajusté par les ventes nettes totales) et le bénéfice dilué par action rajusté sont présentés en tant qu'indicateurs financiers supplémentaires dans le cadre de l'évaluation de nos activités et ne sont pas requis par les PCGR ou présentés conformément à ceux-ci. L'entreprise exclut l'incidence des charges d'amortissement des actifs intangibles acquis sur le bénéfice d'exploitation rajusté et la marge d'exploitation rajustée, et exclut également l'incidence des charges d'amortissement des actifs intangibles acquis, y compris les incidences fiscales afférentes, sur le bénéfice dilué par action rajusté. L'entreprise n'effectue pas d'ajustement pour tenir compte du revenu partiellement généré par l'utilisation des actifs intangibles acquis. Les charges d'amortissement, contrairement au revenu afférent, ne sont pas affectées par l'exploitation pour une période donnée à moins qu'un actif intangible n'ait subi une dépréciation ou que sa durée de vie utile ne soit revue.Quand elles sont utilisées conjointement avec nos résultats conformes aux PCGR, l'entreprise estime que ces mesures financières non conformes aux PCGR fournissent aux investisseurs des indicateurs significatifs supplémentaires à propos du rendement de l'entreprise d'une période à une autre, leur permettent de comparer facilement le rendement sous-jacent de l'entreprise à celui de ses pairs, et correspondent à la façon dont l'équipe de gestion analyse les tendances et évalue le rendement à l'interne. L'entreprise fournit des renseignements financiers non conformes aux PCGR sur cette base afin de faciliter les comparaisons lors du rapport des résultats relatifs au bénéfice. Ces mesures non conformes aux PCGR ne peuvent être considérées isolément ni utilisées comme substitut aux mesures conformes aux PCGR comparables. Les investisseurs doivent se fier principalement aux résultats qui sont dressés conformément aux PCGR et n'utiliser les mesures non conformes aux PCGR qu'en tant qu'indicateurs supplémentaires lors de la prise de décisions en matière d'investissement. Il se peut que ces mesures non conformes aux PCGR ne puissent pas être comparées aux indicateurs rapportés par d'autres entreprises et ayant un nom similaire, et que ces autres entreprises pourraient ne pas définir ces mesures financières de la même façon, limitant ainsi leur utilité à titre de mesures comparatives.RAPPROCHEMENT DU REVENU D'EXPLOITATION RAJUSTÉ
ET DE LA MARGE D'EXPLOITATION RAJUSTÉE

Trois mois(1) ayant pris fin le


Exercice(2) ayant pris fin le

Montants en millions, USD1er février
2026
2 février
2025
Variation (%)
1er février
2026
2 février
2025
Variation (%)Bénéfice d'exploitation (conforme aux PCGR)$      3,849
$      4,495
(14.4) %
$    20,890
$    21,526
(3.0) %Marge d'exploitation(3)10.1 %
11.3 %


12.7 %
13.5 %

Amortissement des actifs intangibles acquis(4)171
145


607
425

Bénéfice d'exploitation rajusté (non conforme aux PCGR)$      4,020
$      4,640
(13.4) %
$    21,497
$    21,951
(2.1) %Marge d'exploitation rajustée (non conforme aux PCGR)(5)10.5 %
11.7 %


13.1 %
13.8 %













(1) Les trois mois ayant pris fin le 1er février 2026 et le 2 février 2025 incluaient respectivement 13 et 14 semaines. (2) Les exercices financiers ayant pris fin le 1er février 2026 et le 2 février 2025 incluaient respectivement 52 et 53 semaines.(3) La marge d'exploitation est calculée en divisant le bénéfice d'exploitation par les ventes nettes totales.(4) Les montants comprennent l'amortissement des actifs intangibles acquis, d'une valeur de 118 millions de dollars et de 398 millions de dollars, pendant les périodes de trois mois et de douze mois ayant pris fin le 1er février 2026, respectivement, et d'une valeur de 93 millions de dollars et de 218 millions de dollars pendant les périodes de trois mois et de douze mois ayant pris fin le 2 février 2025, toujours respectivement, pour SRS Distribution, Inc. et ses filiales.(5) La marge d'exploitation rajustée est calculée en divisant le bénéfice d'exploitation rajusté par les ventes nettes totales. Nos perspectives concernant la marge d'exploitation rajustée pour l'exercice 2026 ne tiennent pas compte d'une incidence prévue d'environ 40 points de base provenant de l'amortissement des actifs intangibles acquis.RAPPROCHEMENT DU BÉNÉFICE DILUÉ PAR ACTION RAJUSTÉ

Trois mois(1) ayant pris fin le


Exercice(2) ayant pris fin le

Montants par action1er février
2026
2 février
2025
Variation (%)
1er février
2026
2 février
2025
Variation (%)Bénéfice dilué par action (conforme aux PCGR)$           2.58
$           3.02
(14.6) %
$         14.23
$         14.91
(4.6) %Incidence de l'amortissement des actifs intangibles acquis0.17
0.14


0.61
0.43

Incidence du rajustement(3) des mesures non conformes aux PCGR sur l'impôt sur le revenu(0.03)
(0.03)


(0.15)
(0.10)

Bénéfice dilué par action rajusté (non conforme aux PCGR)$           2.72
$           3.13
(13.1) %
$         14.69
$         15.24
(3.6) %













(1) Les trois mois ayant pris fin le 1er février 2026 et le 2 février 2025 incluaient respectivement 13 et 14 semaines. La 14e semaine du quatrième trimestre de l'exercice 2024 avait accru le bénéfice dilué par action rajusté d'environ 0,30 $.(2) Les exercices financiers ayant pris fin le 1er février 2026 et le 2 février 2025 incluaient respectivement 52 et 53 semaines. La 53e semaine de l'exercice 2024 avait accru le bénéfice dilué par action rajusté d'environ 0,30 $.(3) Cette donnée a été calculée en multipliant l'incidence de l'amortissement des actifs intangibles acquis par action et le taux d'imposition réel de l'entreprise pour cette période. Nos perspectives concernant le bénéfice dilué par action rajusté pour l'exercice 2026 ne tiennent pas compte d'une incidence prévue après impôts d'environ 0,50 $ provenant de l'amortissement des actifs intangibles acquis.Logo - https://mma.prnewswire.com/media/118058/5819025/THE_HOME_DEPOT_LOGO_v1.jpgSOURCE The Home Depot

Original: Home Depot annonce ses résultats du quatrième trimestre et de l'exercice 2025, une augmentation du dividende trimestriel de 1,3 % et ses perspectives au sujet de l'exercice 2026

The Home Depot Announces Fourth Quarter and Fiscal 2025 Results; Increases Quarterly Dividend by 1.3%;Provides Fiscal 2026 GuidanceFebruary 24, 2026 6:00 AM
PR Newswire (US)

ATLANTA, Feb. 24, 2026 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported fourth quarter and fiscal 2025 results.







Fourth Quarter 2025Sales for the fourth quarter of fiscal 2025 were $38.2 billion, a decrease of $1.5 billion, or 3.8% from the fourth quarter of fiscal 2024. The fourth quarter of fiscal 2025 consisted of 13 weeks compared with 14 weeks for the prior year. The 14th week in fiscal 2024 added approximately $2.5 billion of sales to the fourth quarter and the year.Comparable sales for the fourth quarter of fiscal 2025 increased 0.4%, and comparable sales in the U.S. increased 0.3%.Net earnings for the fourth quarter of fiscal 2025 were $2.6 billion, or $2.58 per diluted share, compared with net earnings of $3.0 billion, or $3.02 per diluted share, in the same period of fiscal 2024. The 14th week in fiscal 2024 added approximately $0.30 to diluted earnings per share to the fourth quarter and the year.Adjusted(1) diluted earnings per share for the fourth quarter of fiscal 2025 were $2.72, compared with adjusted diluted earnings per share of $3.13 in the same period of fiscal 2024. The 14th week in fiscal 2024 added approximately $0.30 to adjusted diluted earnings per share to the fourth quarter and the year.Fiscal 2025Sales for fiscal 2025 were $164.7 billion, an increase of $5.2 billion, or 3.2% from fiscal 2024. Comparable sales for fiscal 2025 increased 0.3%, and comparable sales in the U.S. increased 0.5%.Net earnings for fiscal 2025 were $14.2 billion, or $14.23 per diluted share, compared with net earnings of $14.8 billion, or $14.91 per diluted share in fiscal 2024.Adjusted(1) diluted earnings per share for fiscal 2025 were $14.69, compared with adjusted diluted earnings per share of $15.24 in fiscal 2024."Throughout fiscal 2025, our teams did an incredible job engaging with our customers and growing market share, and I would like to thank them for their hard work and dedication," said Ted Decker, chair, president and CEO. "For the fourth quarter, our results were largely in-line with our expectations, reflecting the lack of storm activity in the third quarter and ongoing consumer uncertainty and pressure in housing. Adjusting for storms, underlying demand was relatively stable throughout the year."Dividend DeclarationThe Company today announced that its board of directors approved a 1.3% increase in its quarterly dividend to $2.33 per share, which equates to an annual dividend of $9.32 per share.The dividend is payable on March 26, 2026, to shareholders of record at the close of business on March 12, 2026. This is the 156th consecutive quarter the Company has paid a cash dividend.Fiscal 2026 Guidance
The company provides the following guidance for fiscal 2026:  Total sales growth of approximately 2.5% to 4.5%Comparable sales growth of approximately flat to 2.0%Approximately 15 new storesGross margin of approximately 33.1%Operating margin of approximately 12.4% to 12.6%Adjusted(1) operating margin of approximately 12.8% to 13.0%Effective tax rate of approximately 24.3%Net interest expense of approximately $2.3 billionDiluted earnings-per-share to grow approximately flat to 4.0% from $14.23 in fiscal 2025Adjusted(1) diluted earnings-per-share to grow approximately flat to 4.0% from $14.69 in fiscal 2025Capital expenditures of approximately 2.5% of total sales(1)The Company reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP). As used in this earnings release, adjusted operating income, adjusted operating margin, and adjusted diluted earnings per share are non-GAAP financial measures. Refer to the end of this release for an explanation of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures.The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations. At the end of the fourth quarter, the company operated a total of 2,359 retail stores and over 1,250 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.Cautionary Note Regarding Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" under the federal securities laws, including as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events, and use words such as "may," "will," "could," "should," "would," "anticipate," "intend," "estimate," "project," "plan," "believe," "expect," "target," "prospects," "potential," "commit" and "forecast," or words of similar import or meaning or refer to future time periods. Forward-looking statements may relate to, among other things: our brand and reputation; the demand for our products and services, including as a result of macroeconomic conditions and changing customer preferences and expectations; net sales growth; comparable sales; the effects of competition; implementation of interconnected retail, store, supply chain, technology, innovation and other strategic initiatives, including with respect to real estate; inventory, on-shelf availability, and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer and trade credit; the impact of tariffs; trade policy changes or restrictions, or international trade disputes and efforts and ability to continue to diversify our supply chain; issues related to the payment methods we accept; demand for credit offerings including trade credit; management of relationships with our associates, jobseekers, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt our business, supply chain, technology infrastructure, or demand for our products and services, such as tariffs, trade policy changes or restrictions or international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, labor disputes, geopolitical tensions or conflicts, military conflicts, or acts of war; our ability to maintain a safe and secure store environment; our ability to address expectations regarding sustainability and human capital management matters and meet related goals; continuation or suspension of share repurchases; net earnings and margin performance; earnings per share; future dividends; capital allocation and expenditures; productivity; liquidity; return on invested capital; expense and debt leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including executive orders and other administrative or legislative actions, such as changes to tax laws and regulations; store openings and closures; financial outlook, including guidance for fiscal 2026; and the impact of acquired companies, including SRS and GMS, on our organization and the ability to recognize the anticipated benefits of completed or pending acquisitions.    These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A. "Risk Factors," and elsewhere in our Annual Report on Form 10-K for our fiscal year ended February 2, 2025 and also as described from time to time in reports subsequently filed with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.   Non-GAAP Financial Measures
To provide additional transparency, we supplement our disclosure with certain non-GAAP financial measures. When used in conjunction with our GAAP financial measures, we believe these supplemental non-GAAP financial measures will help management and investors to better understand and analyze our performance. However, this supplemental information should not be considered in isolation or as a substitute for the related GAAP measures. Refer to the end of this release for an explanation and definitions of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures.   THE HOME DEPOT, INC.CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(Unaudited)

Three Months Ended (1)


Fiscal Year Ended (2)

in millions, except per share dataFebruary 1,
2026
February 2,
2025
%
Change
February 1,
2026
February 2,
2025
%
ChangeNet sales$ 38,198
$ 39,704
(3.8) %
$ 164,683
$ 159,514
3.2 %Cost of sales25,732
26,670
(3.5)
109,818
106,206
3.4  Gross profit12,466
13,034
(4.4)
54,865
53,308
2.9Operating expenses:










Selling, general and administrative7,772
7,725
0.6
30,702
28,748
6.8Depreciation and amortization845
814
3.8
3,273
3,034
7.9  Total operating expenses8,617
8,539
0.9
33,975
31,782
6.9Operating income3,849
4,495
(14.4)
20,890
21,526
(3.0)Interest and other (income) expense:










Interest income and other, net(43)
(30)
43.3
(124)
(201)
(38.3)Interest expense594
638
(6.9)
2,412
2,321
3.9  Interest and other, net551
608
(9.4)
2,288
2,120
7.9Earnings before provision for income taxes3,298
3,887
(15.2)
18,602
19,406
(4.1)Provision for income taxes727
890
(18.3)
4,446
4,600
(3.3)Net earnings$   2,571
$   2,997
(14.2) %
$  14,156
$  14,806
(4.4) %











Basic weighted average common shares993
991
0.2 %
993
990
0.3 %Basic earnings per share$    2.59
$    3.02
(14.2)
$    14.26
$    14.96
(4.7)











Diluted weighted average common shares995
994
0.1 %
995
993
0.2 %Diluted earnings per share$    2.58
$    3.02
(14.6)
$    14.23
$    14.91
(4.6)












Three Months Ended (1)


Fiscal Year Ended (2)

Selected sales data: February 1,
2026
February 2,
2025
%
Change
February 1,
2026
February 2,
2025
%
ChangeComparable sales (% change)0.4 %
0.8 %
N/A
0.3 %
(1.8) %
N/AComparable customer transactions (% change) (3)(1.6) %
0.6 %
N/A
(1.0) %
(1.0) %
N/AComparable average ticket (% change) (3)2.4 %
0.2 %
N/A
1.4 %
(0.9) %
N/ACustomer transactions (in millions) (3)366.5
400.4
(8.5) %
1,601.5
1,637.2
(2.2) %Average ticket (3)$   91.28
$   89.11
2.4
$    90.56
$    89.31
1.4_________ (1)Three months ended February 1, 2026 includes 13 weeks. Three months ended February 2, 2025 includes 14 weeks.(2)Fiscal year ended February 1, 2026 includes 52 weeks. Fiscal year ended February 2, 2025 includes 53 weeks.(3)Customer transactions and average ticket measures do not include results from HD Supply or SRS (including GMS). THE HOME DEPOT, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited) 
in millionsFebruary 1,
2026
February 2,
2025Assets


Current assets:


Cash and cash equivalents$           1,389
$           1,659Receivables, net5,597
4,903Merchandise inventories25,817
23,451Other current assets1,588
1,670Total current assets34,391
31,683Net property and equipment28,021
26,702Operating lease right-of-use assets9,204
8,592Goodwill22,344
19,475Intangible assets, net10,329
8,983Other assets806
684Total assets$       105,095
$         96,119



Liabilities and Stockholders' Equity


Current liabilities:


Short-term debt$           4,464
$              316Accounts payable11,491
11,938Accrued salaries and related expenses2,529
2,315Current installments of long-term debt4,967
4,582Current operating lease liabilities1,418
1,274Other current liabilities7,555
8,236Total current liabilities32,424
28,661Long-term debt, excluding current installments46,341
48,485Long-term operating lease liabilities8,160
7,633Other long-term liabilities5,357
4,700Total liabilities92,282
89,479Total stockholders' equity 12,813
6,640Total liabilities and stockholders' equity$       105,095
$         96,119 THE HOME DEPOT, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited)

Fiscal Year Ended (1)in millionsFebruary 1,
2026
February 2,
2025Cash Flows from Operating Activities:


Net earnings$         14,156
$         14,806Reconciliation of net earnings to net cash provided by operating activities:


Depreciation and amortization, excluding amortization of intangible assets3,514
3,336Intangible asset amortization607
425Stock-based compensation expense522
442Changes in working capital(3,084)
679Changes in deferred income taxes418
15Other operating activities192
107  Net cash provided by operating activities16,325
19,810



Cash Flows from Investing Activities:


Capital expenditures(3,679)
(3,485)Payments for businesses acquired, net(5,410)
(17,644)Other investing activities109
98  Net cash used in investing activities(8,980)
(21,031)



Cash Flows from Financing Activities:


Proceeds from short-term debt, net4,148
316Proceeds from long-term debt, net of discounts2,161
10,010Repayments of long-term debt(5,040)
(1,536)Repurchases of common stock—
(649)Proceeds from sales of common stock314
395Cash dividends(9,152)
(8,929)Other financing activities(145)
(301)  Net cash used in financing activities(7,714)
(694)Change in cash and cash equivalents(369)
(1,915)Effect of exchange rate changes on cash and cash equivalents99
(186)Cash and cash equivalents at beginning of period1,659
3,760  Cash and cash equivalents at end of period$           1,389
$           1,659________(1)Fiscal year ended February 1, 2026 includes 52 weeks. Fiscal year ended February 2, 2025 includes 53 weeks.NON-GAAP FINANCIAL MEASURESAdjusted operating income, adjusted operating margin (calculated as adjusted operating income divided by total net sales), and adjusted diluted earnings per share are presented as supplemental financial measures in the evaluation of our business that are not required by or presented in accordance with GAAP. The Company excludes the impact of amortization expense from acquired intangible assets from adjusted operating income and adjusted operating margin, and the impact of amortization expense from acquired intangible assets, including the related tax effects, from adjusted diluted earnings per share. We do not adjust for the revenue that is generated in part from the use of our acquired intangible assets. Amortization expense, unlike the related revenue, is not affected by operations in any particular period unless an intangible asset becomes impaired, or the useful life of an intangible asset is revised.When used in conjunction with our GAAP results, we believe these non-GAAP measures provide investors with meaningful supplemental measures of our performance period to period, make it easier for investors to compare our underlying business performance to peers, and align to how management analyzes trends and evaluates performance internally. The Company provides non-GAAP financial information on this basis to facilitate comparability when we report earnings results. These non-GAAP measures should not be considered in isolation or as a substitute for their comparable GAAP financial measures. Investors should rely primarily on our GAAP results and use non-GAAP financial measures only supplementally in making investment decisions. Our calculation of non-GAAP measures may not be comparable to similarly titled measures reported by other companies and other companies may not define these non-GAAP financial measures in the same way, which may limit their usefulness as comparative measures.RECONCILIATION OF ADJUSTED OPERATING INCOME AND ADJUSTED OPERATING MARGIN

Three Months Ended (1)


Fiscal Year Ended (2)

USD in millionsFebruary 1,
2026
February 2,
2025
%
Change
February 1,
2026
February 2,
2025
%
ChangeOperating income (GAAP)$      3,849
$      4,495
(14.4) %
$   20,890
$   21,526
(3.0) %Operating margin (3)10.1 %
11.3 %


12.7 %
13.5 %

Acquired intangible asset amortization (4)171
145


607
425

Adjusted operating income (Non-GAAP)$      4,020
$      4,640
(13.4) %
$   21,497
$   21,951
(2.1) %Adjusted operating margin (Non-GAAP) (5)10.5 %
11.7 %


13.1 %
13.8 %

________(1)Three months ended February 1, 2026 and February 2, 2025 includes 13 and 14 weeks, respectively.(2)Fiscal year ended February 1, 2026 and February 2, 2025 includes 52 and 53 weeks, respectively.(3)Operating margin is calculated as operating income divided by total net sales.(4)Amounts include acquired intangible asset amortization of $118 million and $398 million during the three and twelve months ended February 1, 2026, respectively, and $93 million and $218 million during the three and twelve months ended February 2, 2025, respectively, related to SRS Distribution, Inc., and its subsidiaries.(5)Adjusted operating margin is calculated as adjusted operating income divided by total net sales.Our adjusted operating margin guidance for fiscal 2026 excludes an expected approximately 40 basis point impact from acquired intangible asset amortization.RECONCILIATION OF ADJUSTED DILUTED EARNINGS PER SHARE

Three Months Ended (1)


Fiscal Year Ended (2)

per share amountsFebruary 1,
2026
February 2,
2025
%
Change
February 1,
2026
February 2,
2025
%
ChangeDiluted earnings per share (GAAP)$           2.58
$           3.02
(14.6) %
$         14.23
$         14.91
(4.6) %Impact of acquired intangible asset amortization0.17
0.14


0.61
0.43

Income tax impact of non-GAAP adjustment (3)(0.03)
(0.03)


(0.15)
(0.10)

Adjusted diluted earnings per share (Non-GAAP)$           2.72
$           3.13
(13.1) %
$         14.69
$         15.24
(3.6) %________(1)Three months ended February 1, 2026 and February 2, 2025 includes 13 and 14 weeks, respectively. The 14th week of the fourth quarter of fiscal 2024 increased adjusted diluted earnings per share by approximately $0.30.(2)Fiscal year ended February 1, 2026 and February 2, 2025 includes 52 and 53 weeks, respectively. The 53rd week of fiscal 2024 increased adjusted diluted earnings per share by approximately $0.30.(3)Calculated as the per share impact of acquired intangible asset amortization multiplied by the Company's effective tax rate for the period.Our adjusted diluted earnings per share guidance for fiscal 2026 excludes an expected after-tax impact of approximately $0.50 from acquired intangible asset amortization. 



View original content to download multimedia:https://www.prnewswire.com/news-releases/the-home-depot-announces-fourth-quarter-and-fiscal-2025-results-increases-quarterly-dividend-by-1-3-provides-fiscal-2026-guidance-302695184.htmlSOURCE The Home Depot

Original: The Home Depot Announces Fourth Quarter and Fiscal 2025 Results; Increases Quarterly Dividend by 1.3%;Provides Fiscal 2026 Guidance

AI disruption concerns and new Trump tariffs dominate market focus; key earnings ahead: Dow Jones, S&P, Nasdaq, Wall Street FuturesFebruary 24, 2026 5:15 AM
IH Market News
U.S. equity futures traded cautiously on Tuesday as investors weighed concerns over artificial intelligence–driven disruption while preparing for a busy week of corporate earnings. Sentiment was also shaped by the implementation of President Donald Trump’s new 10% global tariffs following a Supreme Court ruling that invalidated earlier emergency trade measures. Meanwhile, Paramount Skydance (NASDAQ:PSKY) has reportedly raised its takeover bid for Warner Bros Discovery (NASDAQ:WBD), and Home Depot (NYSE:HD) is set to release quarterly results later in the day.



Futures trade cautiously



Futures tied to major U.S. indices hovered close to unchanged levels as markets awaited earnings from several major companies, including AI heavyweight Nvidia (NASDAQ:NVDA).As of 03:03 ET, Dow futures were up 47 points, or 0.1%, S&P 500 futures gained 10 points, or 0.1%, and Nasdaq 100 futures rose 38 points, or 0.2%.Wall Street’s main indices declined in the previous session amid persistent concerns that emerging AI models could disrupt multiple industries. Analysts noted that the latest market weakness followed a report from Citrini Research outlining a severe hypothetical scenario in which AI adoption could trigger widespread white-collar job losses, weaken consumer spending, increase loan defaults and ultimately push the economy into contraction.Citrini emphasised that the analysis represented a “scenario, not a prediction,” but this clarification did little to calm investors already worried about pressure on mega-cap technology companies investing heavily in AI infrastructure.“As has been the case for weeks, AI is clearly a net negative for the equity market as hyperscalers get weighed down [free cash flow] fears while disruption worries eviscerate software and several other sectors,” analysts at Vital Knowledge wrote in a note.



Trump’s 10% tariffs take effect



President Trump’s latest global trade tariffs came into force at midnight Tuesday at a 10% rate after a Supreme Court decision last week struck down his so-called “reciprocal” tariffs.The new rate was communicated through the U.S. Customs and Border Protection messaging system and remains below the 15% level Trump had suggested following the ruling, which determined that his use of emergency economic powers to impose broad global surcharges was unlawful.Trump initially reinstated a universal 10% tariff following the decision and later threatened to raise the rate to 15%. According to Bloomberg News, the White House is now working toward issuing a formal order to increase tariffs to that higher level.These tariffs, introduced under Section 122 of the Trade Act of 1974, are scheduled to remain in place for 150 days, after which Congress will decide whether to extend or modify them.Uncertainty continues to surround the broader trade outlook, particularly regarding agreements negotiated before the court ruling. Responding to reports that some countries were reconsidering existing deals, Trump warned trading partners via social media not to “play games.”



Paramount reportedly raises bid for Warner Bros Discovery



Paramount Skydance (NASDAQ:PSKY) has submitted an improved offer for Warner Bros Discovery (NASDAQ:WBD), according to a Reuters report, as it attempts to persuade the media group to abandon its agreement with Netflix (NASDAQ:NFLX).Reuters, citing a source familiar with the discussions, said the revised proposal improves upon Paramount’s earlier $30-per-share offer, which valued Warner Bros at approximately $108.4 billion. Warner Bros had previously argued that the initial bid undervalued the company and granted Paramount a seven-day window — ending February 23 — to present an updated proposal.Netflix has separately agreed a deal valued at $27.75 per share in cash, equivalent to roughly $82.7 billion, covering Warner’s studios and streaming assets.Variety reported that Warner Bros is expected to review Paramount’s revised offer even as management continues to encourage shareholders to support the Netflix agreement.Control of Warner Bros’ intellectual property portfolio — including major franchises such as “Game of Thrones” and “Harry Potter” — remains central to the takeover contest.



Home Depot earnings due



Home Depot (NYSE:HD) is scheduled to publish its latest quarterly results before the opening bell on Tuesday.The home-improvement retailer previously issued cautious guidance for fiscal 2026, forecasting modest comparable sales growth and profit as demand for high-value renovation items remains subdued.During an investor day in December, chief financial officer Richard McPhail warned that consumer caution linked to cost-of-living pressures is expected to persist, noting there has not been “a catalyst or an inflection in housing activity.”High property prices and subdued hiring trends have contributed to uneven housing demand in the United States, despite signs of easing interest and mortgage rates.The company expects same-store sales growth in a range between flat and 2% for fiscal 2026, while adjusted earnings per share are projected to rise between flat and 4%, both below LSEG forecasts cited by Reuters.



Oil prices approach seven-month highs



Oil prices moved higher, trading near seven-month highs ahead of renewed nuclear negotiations between the United States and Iran later this week.Brent crude futures rose 0.2% to $71.28 per barrel, while U.S. West Texas Intermediate crude gained 0.3% to $66.51 per barrel. Both benchmarks are currently trading near levels last seen in early August 2025.The United States and Iran are expected to hold a third round of nuclear talks in Geneva on Thursday, amid increasing concerns about potential military escalation as Washington pushes for the termination of Iran’s nuclear programme.Warner Brothers Discovery stock priceHome Depot stock priceNvidia stock priceParamount Skydance stock priceNetflix stock price

Original: AI disruption concerns and new Trump tariffs dominate market focus; key earnings ahead: Dow Jones, S&P, Nasdaq, Wall Street Futures

HD, dollar cost average

HD, dollar cost average

HD, is it a buy now

HD, buy the dip

HD, is it a buy now

HD, bouncing off a 52+week low

Consumer discretionary spending is slipping.

Home Depot misses quarterly estimates on muted demand for big-ticket projects https://share.google/DOKBX8ubXlaSGcM8X

HD, hanging in there

HD! 10Q due TUESDAY 2/25

The Home Depot, Inc. $HD Book Value Per Share (mrq) $5.84 lots of bagholders in this pump

The Home Depot, Inc. $HD Total Debt (mrq) $63.38B Debt is 50 times more than available cash. Bankruptcy could come.

The Home Depot Announces Third Quarter Fiscal 2024 Results; Updates Fiscal 2024 Guidance
https://ih.advfn.com/stock-market/NYSE/home-depot-HD/stock-news/94887294/the-home-depot-announces-third-quarter-fiscal-2024-results-updates-fiscal-2024

HD new 52 week high

HD new 52/week high

Home Depot is having big problems. This is one of the biggest sales drops since the 2008-09 housing crash, and suggests that the US Economy and Housing Market is on fragile footing.

Home Depot Slashes Sales, Profit Outlook As Higher Rates "Pressure Demand":

https://www.zerohedge.com/markets/home-depot-reduces-outlook-consumer-gloom-high-interest-rates-spur-deferral-mindset

The Home Depot Announces Second Quarter Fiscal 2024 Results; Updates Fiscal 2024 Guidance

Source: PR Newswire (US)
ATLANTA, Aug. 13, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), which represents approximately six weeks of sales in the quarter. Comparable sales for the second quarter of fiscal 2024 decreased 3.3%, and comparable sales in the U.S. decreased 3.6%.

The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

Operating income for the second quarter of fiscal 2024 was $6.5 billion and operating margin was 15.1%, compared with operating income of $6.6 billion and an operating margin of 15.4% for the second quarter of fiscal 2023.

Adjusted(1) operating income for the second quarter of fiscal 2024 was $6.6 billion and adjusted(1) operating margin was 15.3%, compared with adjusted operating income of $6.6 billion and an adjusted operating margin of 15.5% for the second quarter of fiscal 2023.

Net earnings for the second quarter of fiscal 2024 were $4.6 billion, or $4.60 per diluted share, compared with net earnings of $4.7 billion, or $4.65 per diluted share, in the same period of fiscal 2023.

Adjusted(1) diluted earnings per share for the second quarter of fiscal 2024 were $4.67, compared with adjusted diluted earnings per share of $4.68 in the same period of fiscal 2023.

"The underlying long-term fundamentals supporting home improvement demand are strong," said Ted Decker, chair, president and CEO. "During the quarter, higher interest rates and greater macro-economic uncertainty pressured consumer demand more broadly, resulting in weaker spend across home improvement projects. However, the team continued to navigate this unique environment while executing at a high level. I would like to thank our associates for their hard work and dedication to serving our customers and communities."

Fiscal 2024 Guidance

The company updated its fiscal 2024 guidance, which includes 53 weeks of operating results, to reflect the performance in the first half of fiscal 2024 and include SRS:

Total sales to increase between 2.5% and 3.5% including the 53rd week
53rd week projected to add approximately $2.3 billion to total sales
SRS expected to contribute approximately $6.4 billion in incremental sales
Comparable sales to decline between 3% and 4% for the 52-week period compared to fiscal 2023
Comparable sales decline of 3% implies a consumer demand environment consistent with the first half of fiscal 2024
While comparable sales for the company are not currently on the trajectory for the low end of the range, a 4% decline implies incremental pressure on consumer demand
Approximately 12 new stores
Gross margin of approximately 33.5%
Operating margin rate to be between 13.5% to 13.6%
Adjusted(1), (2) operating margin rate to be between 13.8% to 13.9%
Tax rate of approximately 24%
Net interest expense of approximately $2.2 billion
53-week diluted earnings-per-share-percent decline between 2% and 4%
53rd week expected to contribute approximately $0.30 of diluted earnings per share compared to fiscal 2023
53-week adjusted(1), (3) diluted earnings-per-share to decline between 1% and 3%
53rd week expected to contribute approximately $0.30 of adjusted diluted earnings per share compared to fiscal 2023
The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.

At the end of the second quarter, the company operated a total of 2,340 retail stores and over 760 branches across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 465,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

(1)

The Company reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP). As used above and throughout this earnings release, adjusted operating income, adjusted operating margin, and adjusted diluted earnings per share are non-GAAP financial measures. Refer to the end of this release for an explanation of these non-GAAP financial measures and a reconciliation of the historical non-GAAP financial results used in this release to comparable GAAP results.

(2)

Excludes an expected approximately 30 basis point impact from acquired intangible asset amortization.

(3)

Excludes an expected after-tax impact of approximately $0.30 from acquired intangible asset amortization.

Cautionary Note Regarding Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services, including as a result of macroeconomic conditions; net sales growth; comparable sales; the effects of competition; our brand and reputation; implementation of interconnected retail, store, supply chain and technology initiatives; inventory and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer credit; the impact of tariffs; issues related to the payment methods we accept; demand for credit offerings; management of relationships with our associates, potential associates, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt our business, supply chain, technology infrastructure, or demand for our products and services, such as international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, labor disputes, geopolitical conflicts, military conflicts, or acts of war; our ability to maintain a safe and secure store environment; our ability to address expectations regarding environmental, social and governance matters and meet related goals; continuation or suspension of share repurchases; net earnings performance; earnings per share; future dividends; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; store openings and closures; guidance for fiscal 2024 and beyond; financial outlook; and the impact of acquired companies, including SRS, on our organization and the ability to recognize the anticipated benefits of any acquisitions.

Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A. "Risk Factors," and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 28, 2024 and also as may be described from time to time in future reports we file with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.

Non-GAAP Financial Measures
These statements are also supplemented with certain non-GAAP financial measures. When used in conjunction with our GAAP financial measures, we believe these supplemental non-GAAP financial measures will help management and investors to better understand and analyze our performance. However, this supplemental information should not be considered in isolation or as a substitute for the related GAAP measures. Refer to the end of this release for an explanation and definitions of these non-GAAP financial measures and a reconciliation of the historical non-GAAP financial results used in this release to comparable GAAP results

Home Depot may face lawsuits regarding "back injuries".

The Home Depot Announces First Quarter Fiscal 2024 Results; Reaffirms Fiscal 2024 Guidance

Source: PR Newswire (US)
ATLANTA, May 14, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $36.4 billion for the first quarter of fiscal 2024, a decrease of 2.3% from the first quarter of fiscal 2023. Comparable sales for the first quarter of fiscal 2024 decreased 2.8%, and comparable sales in the U.S. decreased 3.2%.

The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

Net earnings for the first quarter of fiscal 2024 were $3.6 billion, or $3.63 per diluted share, compared with net earnings of $3.9 billion, or $3.82 per diluted share, in the same period of fiscal 2023.

"The team executed at a high level in the quarter, and we continued to grow market share," said Ted Decker, chair, president and CEO. "And while the quarter was impacted by a delayed start to spring and continued softness in certain larger discretionary projects, we feel great about our store readiness, our product assortment in stores and online, and our associate engagement. Our associates are energized and ready to serve our customers as spring breaks across the country. I would like to thank them for their continued hard work and dedication to serving our customers and communities."

Fiscal 2024 Guidance

The company reaffirms its fiscal 2024 guidance, which includes 53 weeks of operating results. In addition, in March, the Company entered into a definitive agreement to acquire SRS Distribution Inc. (SRS). Since the acquisition has not closed, the following guidance does not reflect any impacts from the SRS acquisition:

Total sales growth of approximately 1.0%, including the 53rd week
53rd week projected to add approximately $2.3 billion to total sales
Comparable sales to decline approximately 1.0% for the 52-week period
Approximately 12 new stores
Gross margin of approximately 33.9%
Operating margin of approximately 14.1%
Tax rate of approximately 24.5%
Net interest expense of approximately $1.8 billion
53-week diluted earnings-per-share-percent growth of approximately 1.0%
53rd week expected to contribute approximately $0.30 of diluted earnings per share
The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.

At the end of the first quarter, the company operated a total of 2,337 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs approximately 465,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

Certain statements contained herein constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services, including as a result of macroeconomic conditions; net sales growth; comparable sales; the effects of competition; our brand and reputation; implementation of interconnected retail, store, supply chain and technology initiatives; inventory and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer credit; the impact of tariffs; issues related to the payment methods we accept; demand for credit offerings; management of relationships with our associates, potential associates, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt our business, supply chain, technology infrastructure, or demand for our products and services, such as international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, geopolitical conflicts, military conflicts, or acts of war; our ability to maintain a safe and secure store environment; our ability to address expectations regarding environmental, social and governance matters and meet related goals; continuation or suspension of share repurchases; net earnings performance; earnings per share; future dividends; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; store openings and closures; guidance for fiscal 2024 and beyond; financial outlook; the successful closing of the SRS acquisition; and the impact of acquired companies on our organization and the ability to recognize the anticipated benefits of any acquisitions.

Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A, "Risk Factors," and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 28, 2024 and also as may be described from time to time in future reports we file with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.

HD new 52 week high

HD new 52 week high

The Home Depot Announces Fourth Quarter and Fiscal 2023 Results; Increases Quarterly Dividend by 7.7%; Provides Fiscal 2024 Guidance

Source: PR Newswire (US)
ATLANTA, Feb. 20, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported fourth quarter and fiscal 2023 results.

The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

Fourth Quarter 2023
Sales for the fourth quarter of fiscal 2023 were $34.8 billion, a decrease of 2.9% from the fourth quarter of fiscal 2022. Comparable sales for the fourth quarter of fiscal 2023 decreased 3.5%, and comparable sales in the U.S. decreased 4.0%. 
Net earnings for the fourth quarter of fiscal 2023 were $2.8 billion, or $2.82 per diluted share, compared with net earnings of $3.4 billion, or $3.30 per diluted share, in the same period of fiscal 2022. For the fourth quarter of fiscal 2023, diluted earnings per share decreased 14.5% from the same period in the prior year.
Fiscal 2023
Sales for fiscal 2023 were $152.7 billion, a decrease of 3.0% from fiscal 2022. Comparable sales for fiscal 2023 decreased 3.2%, and comparable sales in the U.S. decreased 3.5%. 
Net earnings for fiscal 2023 were $15.1 billion, or $15.11 per diluted share, compared with net earnings of $17.1 billion, or $16.69 per diluted share in fiscal 2022. For fiscal 2023, diluted earnings per share decreased 9.5% versus last year.   
"After three years of exceptional growth for our business, 2023 was a year of moderation," said Ted Decker, chair, president, and CEO. "During fiscal 2023, we focused on several initiatives to strengthen the business while also staying true to our strategic investments of creating the best interconnected experience, growing our pro wallet share through our unique ecosystem of capabilities, and building new stores. We remain excited about the future for home improvement and our ability to grow share in our large and fragmented market, which we estimate to be over $950 billion. I also want to thank our associates for their hard work and dedication to serving our customers and communities." 
Dividend Declaration
The Company today announced that its board of directors approved a 7.7% increase in its quarterly dividend to $2.25 per share, which equates to an annual dividend of $9.00 per share.
The dividend is payable on March 21, 2024, to shareholders of record on the close of business on March 7, 2024. This is the 148th consecutive quarter the Company has paid a cash dividend. 
Fiscal 2024 Guidance
The company will have 53 weeks of operating results in fiscal 2024 and provides the following guidance for fiscal 2024:
* Total sales growth of approximately 1.0% including the 53rd week
* 53rd week projected to add approximately $2.3 billion to total sales
* Comparable sales to decline approximately 1.0% for the 52-week period
* Approximately 12 new stores
* Gross margin of approximately 33.9%
* Operating margin of approximately 14.1%
* Tax rate of approximately 24.5%
* Net interest expense of approximately $1.8 billion
* 53-week diluted earnings-per-share-percent growth of approximately 1.0%
* 53rd week expected to contribute approximately $0.30 of diluted earnings per share
 The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.
At the end of the fourth quarter, the company operated a total of 2,335 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs approximately 465,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
Certain statements contained herein constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services, including as a result of macroeconomic conditions; net sales growth; comparable sales; the effects of competition; our brand and reputation; implementation of interconnected retail, store, supply chain and technology initiatives; inventory and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer credit; the impact of tariffs; issues related to the payment methods we accept; demand for credit offerings; management of relationships with our associates, potential associates, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; events that could disrupt our business, supply chain, technology infrastructure, or demand for our products and services, such as international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, geopolitical conflicts, military conflicts, or acts of war; our ability to maintain a safe and secure store environment; our ability to address expectations regarding environmental, social and governance matters and meet related goals; continuation or suspension of share repurchases; net earnings performance; earnings per share; future dividends; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; store openings and closures; guidance for fiscal 2024 and beyond; financial outlook; and the impact of acquired companies on our organization and the ability to recognize the anticipated benefits of any acquisitions. 
Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A, "Risk Factors," and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 29, 2023 and also as may be described from time to time in future reports we file with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements

Most improved keep it coming 0-0

HD new 52 week high

$276 to $350 in 5 Weeks is 25% Gains in a Very Short Time!!

The Home Depot Announces Second Quarter Fiscal 2023 Results; Reaffirms Fiscal 2023 Guidance; Announces $15 Billion Share Repurchase Authorization

Source: PR Newswire (US)
ATLANTA, Aug. 15, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $42.9 billion for the second quarter of fiscal 2023, a decrease of 2.0% from the second quarter of fiscal 2022. Comparable sales for the second quarter of fiscal 2023 decreased 2.0%, and comparable sales in the U.S. decreased 2.0%.

Net earnings for the second quarter of fiscal 2023 were $4.7 billion, or $4.65 per diluted share, compared with net earnings of $5.2 billion, or $5.05 per diluted share, in the same period of fiscal 2022.

"We were pleased with our performance in the second quarter," said Ted Decker, chair, president and CEO. "While there was strength in categories associated with smaller projects, we did see continued pressure in certain big-ticket, discretionary categories. We remain very positive on the medium-to-long term outlook for home improvement and our ability to grow share in a large and fragmented market. Our associates did an outstanding job delivering value and service for our customers throughout the quarter, and I would like to thank them for their dedication and hard work."

Fiscal 2023 Guidance

The company reaffirmed fiscal 2023 guidance:

Sales and comparable sales to decline between 2% and 5% compared to fiscal 2022
Operating margin rate to be between 14.3% and 14.0%
Tax rate of approximately 24.5%
Interest expense of approximately $1.8 billion
Diluted earnings-per-share-percent-decline between 7% and 13% compared to fiscal 2022
Share Repurchase Authorization

The board of directors also authorized a new $15 billion share repurchase program effective August 15, 2023, replacing its previous authorization.

The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.

At the end of the second quarter, the company operated a total of 2,326 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs over 470,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.

Certain statements contained herein constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the demand for our products and services; net sales growth; comparable sales; the effects of competition; our brand and reputation; implementation of store, interconnected retail, supply chain and technology initiatives; inventory and in-stock positions; the state of the economy; the state of the housing and home improvement markets; the state of the credit markets, including mortgages, home equity loans, and consumer credit; the impact of tariffs; issues related to the payment methods we accept; demand for credit offerings; management of relationships with our associates, potential associates, suppliers and service providers; cost and availability of labor; costs of fuel and other energy sources; international trade disputes, natural disasters, climate change, public health issues, cybersecurity events, military conflicts or acts of war, supply chain disruptions, and other business interruptions that could compromise data privacy or disrupt operation of our stores, distribution centers and other facilities, our ability to operate or access communications, financial or banking systems, or supply or delivery of, or demand for, our products or services; our ability to address expectations regarding environmental, social and governance matters and meet related goals; continuation or suspension of share repurchases; net earnings performance; earnings per share; future dividends; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; changes in interest rates; changes in foreign currency exchange rates; commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation, including compliance with related settlements; the challenges of international operations; the adequacy of insurance coverage; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; store openings and closures; guidance for fiscal 2023 and beyond; financial outlook; and the impact of acquired companies on our organization and the ability to recognize the anticipated benefits of any acquisitions. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Part I, Item 1A, "Risk Factors," and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 29, 2023 and also as may be described from time to time in future reports we file with the Securities and Exchange Commission. There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations.

Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.

New website is worse morons!

HOME DEPOT caps their MILITARY DISCOUNT.

Qualifying members receive 10% off eligible purchases up to a $400 maximum annual discount, every day all year long.

https://www.homedepot.com/c/military/

Lowes Does not

Your Everyday Military Discount has no annual limit. So whether you’re renovating your kitchen or just picking up charcoal for your next barbecue, you can enjoy instant savings.

https://www.lowes.com/l/about/honor-our-military

That alone makes them a pathetic company.

https://www.brighteon.com/bb7c322e-5f16-4585-abf4-3f307f5fc183

Filed a complaint with the Illinois Attorney General about home depots "email of a refund which they never issue unless you call them TEN days later and inquire as to why the refund has still not even been issued"...

Corp HD never even honored their word or even attempted to issue the refund in 10 days

i had to drive the whole process...

to send an email alleging a refund has been made and then not issue the refund...

is this going on at a grand scale with many customers?

could well be - if it happened to me the odds are extremely high the same is happening with many other HD customers...

really sad - a individuals or a company's most valuable possession is their reputation

a person's word or a company's word is directly related to their reputation

when you fail to honor your word, you have a direct impact on your reputation!!!