Home Depot sales grew 4.8% to $41.8 billion
Home Depot’s sales increased 4.8% to $41.8 billion in the first quarter of fiscal 2026. The company’s comparable sales rose 0.6% during the period.
The company’s earnings per share dropped to $3.30 from $3.45, due to margin pressure. Home Depot’s management reaffirmed its full-year guidance, which calls for adjusted EPS to decline about 5%.
Home Depot operates 2,356 warehouse-format stores across the United States, Canada, and Mexico, serving both do-it-yourself homeowners and professional contractors. The company has expanded its reach into roofing, pool, landscape, and specialty building products through recent acquisitions.
Home Depot’s stock has lost a quarter of its value in the past twelve months, dropping from a 52-week high near $427 to roughly $300 ahead of the earnings report.