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Home/News Feed/Home Depot Q1 sales rise 4.8% to $41.8B; earnings dip slightly amid steady demand
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Home Depot Q1 sales rise 4.8% to $41.8B; earnings dip slightly amid steady demand

Company Fundamentals
19 May 2026
PRNewsWire
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Neutral
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Home Depot reported first quarter fiscal 2026 sales of $41.8 billion, up 4.8% from the prior year, driven by a 0.6% increase in comparable sales and positive foreign exchange impacts. Net earnings were $3.3 billion, slightly down from $3.4 billion in the previous year, with adjusted earnings per share also declining modestly. Despite consumer uncertainty and housing affordability pressures, demand remained stable. The company reaffirmed its fiscal 2026 guidance, expecting modest sales growth, flat to slight earnings per share growth, and plans to open about 15 new stores.

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