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Home/News Feed/Home Depot beats Q1 expectations, reaffirms full-year guidance amid cautious consumer spending.
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Home Depot beats Q1 expectations, reaffirms full-year guidance amid cautious consumer spending.

Company Fundamentals
19 May 2026
CNBC
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Bullish
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Home Depot reported better-than-expected earnings and revenue for the first quarter, with adjusted earnings per share of $3.43 and revenue of $41.77 billion. Despite challenges like higher gas prices, low consumer confidence, and a slow housing market, the company sees its core homeowner customers remain engaged but cautious about large projects. Home Depot reaffirmed its full-year sales growth forecast of 2.5% to 4.5% and expects adjusted earnings per share to grow up to 4%. The company is also expanding its professional customer base through acquisitions to capture more of the $700 billion pro market.

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