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Home/News Feed/Home Depot beats Q1 earnings and revenue estimates with steady sales growth.

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Home Depot beats Q1 earnings and revenue estimates with steady sales growth.

Company Fundamentals

19 May 2026

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Bullish

Home Depot reported first quarter fiscal 2026 results surpassing Wall Street expectations with adjusted EPS of $3.43 versus $3.30 estimated and revenue of $41.8 billion against $38.14 billion expected. Comparable sales grew modestly by 0.6%, including a 0.4% rise in the US, reflecting steady demand despite consumer uncertainty and housing affordability challenges. The company reaffirmed its fiscal 2026 outlook, projecting sales growth between 2.5% and 4.5%, and plans to open about 15 new stores. Home Depot also provided guidance on margins, tax rate, interest expenses, and expects flat to 4% growth in diluted and adjusted EPS for the year.

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