Home Depot Posts 5.7% Q2 Sales Gain, Reaffirms Fiscal 2026 Guidance

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3▲1 ▼0Impact / 5
Summary · why it matters

Home Depot reported fiscal second-quarter sales rose 5.7% year over year to $47.9 billion, with comparable sales up 1.7% and 13 of 16 merchandising departments posting positive comps. Big-ticket transactions above $1,000 increased 2.4%, online comparable sales rose 11% for a fifth consecutive quarter of double-digit growth, and the Pro business outpaced DIY, though management said larger discretionary projects remain under pressure and housing turnover has stayed depressed for roughly four years with no clear inflection point. The company reaffirmed its fiscal 2026 guidance of flat to 2% comparable-sales growth. Among peers, Lowe's posted a 0.2% comparable-sales rise in the second quarter of fiscal 2026, its fifth straight positive quarter, while Floor & Decor's second-quarter 2026 sales rose 3% with Pro sales up about 4% and roughly 55% of total sales, even as comparable sales declined 2.1%. Home Depot shares have lost 27.3% in the past year versus the industry's 31.2% decline, and the stock trades at a forward price-to-earnings ratio of 18.01X against the industry's 16.67X average. The Zacks Consensus Estimate implies Home Depot fiscal 2026 and 2027 EPS growth of 2.3% and 6.8%, respectively, with the fiscal 2026 estimate up 0.1% in the past seven days and the fiscal 2027 estimate unchanged in the past 30 days.

Impact on assets 3

Consumer Discretionary▲ · 3 stocks
The Home Depot Inc
HD
▲ PositiveCapitalrelevance

Home Depot reported Q2 sales up 5.7% to $47.9B with comps up 1.7% and reaffirmed fiscal 2026 guidance.

Floor & Decor Holdings Inc
FND
± MixedDemandrelevance

Floor & Decor's Q2 2026 sales rose 3% with Pro sales up ~4%, but comparable sales declined 2.1%, a mixed peer comparison mention.

Lowe's Companies Inc
LOW
± MixedDemandrelevance

Lowe's posted a 0.2% comparable-sales rise in Q2 fiscal 2026, its fifth straight positive quarter, mentioned only as a peer.

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