Quarterly ResultMay 19, 2026, 06:11 AM
Home Depot Q1 Sales $41.8B, +4.8%; Diluted EPS $3.30; Reaffirms FY26 Guidance
AI Summary
The Home Depot, Inc. announced its first quarter fiscal 2026 results, reporting sales of $41.8 billion, a 4.8% increase year-over-year. Net earnings for the quarter were $3.3 billion, or $3.30 per diluted share, representing a 4.2% and 4.3% decrease, respectively, compared to the same period last year. Comparable sales increased by 0.6% globally and 0.4% in the U.S. The company reaffirmed its fiscal 2026 guidance, indicating that the results were in line with expectations despite consumer uncertainty.
Key Highlights
- Q1 Fiscal 2026 Sales: $41.8 billion, an increase of 4.8% from Q1 FY25.
- Q1 Fiscal 2026 Net Earnings: $3.3 billion, a decrease of 4.2% from Q1 FY25.
- Q1 Fiscal 2026 Diluted EPS: $3.30, a decrease of 4.3% from Q1 FY25.
- Q1 Fiscal 2026 Comparable Sales: Increased 0.6% overall, and 0.4% in the U.S.
- Q1 Fiscal 2026 Adjusted Diluted EPS: $3.43, down 3.7% from Q1 FY25.
- Fiscal 2026 Total Sales Growth Guidance: Reaffirmed at approximately 2.5% to 4.5%.
- Fiscal 2026 Diluted EPS Growth Guidance: Reaffirmed at approximately flat to 4.0%.
Price Impact
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