The Home Depot, Inc.'s Stock Analysis

Home Depot Shareholder Meeting Approves Key Charter Amendments

At the 2026 Annual Meeting, shareholders of The Home Depot approved several amendments to the Company’s Charter, including provisions to limit the monetary liability of certain officers and miscellaneous amendments. These changes are designed to enhance the protections for officers, similar to those already in place for Board members, and became effective on May 21, 2026.

Additionally, shareholders voted on various proposals, electing nominees to the Board of Directors and ratifying the appointment of KPMG LLP as the independent auditor for the fiscal year ending January 31, 2027. The advisory vote on executive compensation was also approved, along with the proposals for officer exculpation and miscellaneous amendments to the Charter. Several shareholder proposals related to environmental and governance issues were not approved.

May 26, 2026 09:19:39

The Home Depot Reports Q1 2026 Financial Results and Guidance

The Home Depot reported sales of $41.8 billion for the first quarter of fiscal 2026, marking a 4.8% increase from the same period in fiscal 2025. Comparable sales saw a modest increase of 0.6%, with U.S. comparable sales rising by 0.4%. Net earnings for the quarter were $3.3 billion, or $3.30 per diluted share, down from $3.4 billion, or $3.45 per diluted share, in the previous year. Adjusted diluted earnings per share were $3.43 compared to $3.56 in Q1 2025. The company noted that foreign exchange rates positively impacted comparable sales by approximately 55 basis points during this period.

The Home Depot reaffirmed its fiscal 2026 guidance, projecting total sales growth of approximately 2.5% to 4.5% and comparable sales growth of flat to 2.0%. The company plans to open around 15 new stores and expects a gross margin of approximately 33.1%. Operating margin is anticipated to be between 12.4% to 12.6%, with an adjusted operating margin of approximately 12.8% to 13.0%. The effective tax rate is expected to be around 24.3%, and net interest expense is projected at approximately $2.3 billion. The company also indicated that diluted earnings per share are expected to grow flat to 4.0% from $14.23 in fiscal 2025.

May 19, 2026 06:06:14

The Home Depot Reports Fiscal 2025 Results and Dividend Increase

The Home Depot announced its financial results for the fourth quarter and fiscal year 2025, reporting fourth-quarter sales of $38.2 billion, a decrease of 3.8% from the previous year, primarily due to one less week of sales. Net earnings for the quarter were $2.6 billion, or $2.58 per diluted share, down from $3.0 billion, or $3.02 per diluted share, in the same period last year. For the full fiscal year, sales increased by 3.2% to $164.7 billion, while net earnings were $14.2 billion, or $14.23 per diluted share, a decrease from $14.8 billion, or $14.91 per diluted share, in fiscal 2024. Adjusted diluted earnings per share also declined compared to the previous year.

Additionally, The Home Depot's board of directors approved a 1.3% increase in its quarterly dividend to $2.33 per share, marking the 156th consecutive quarter of dividend payments. The company provided guidance for fiscal 2026, projecting total sales growth of 2.5% to 4.5% and comparable sales growth of flat to 2.0%. The guidance includes plans for approximately 15 new store openings, an expected gross margin of about 33.1%, and diluted earnings-per-share growth of flat to 4.0% from fiscal 2025.

Feb 24, 2026 06:07:18

Home Depot Board Approves By-Law Amendments Affecting Shareholder Proposals

The Home Depot's Board of Directors approved amendments to the Company’s by-laws effective November 20, 2025. Key changes include aligning the advance notice period for director nominations and shareholder proposals to a single timeframe of 120 to 90 days prior to the annual shareholders’ meeting. Other amendments clarify the number of nominees a shareholder can propose, update informational requirements, and revise provisions regarding shareholder meetings and written consent requests.

As a result of these amendments, the deadlines for submitting shareholder proposals or director nominations for the next annual meeting have been updated. Proposals or nominations must be received between January 22, 2026, and February 21, 2026, unless the meeting date falls outside specified timeframes, in which case notice must be provided according to the new guidelines. These updates aim to enhance corporate governance and align with recent changes in Delaware law.

Nov 24, 2025 16:32:24

Home Depot Earnings Call Disrupted by Technical Issues

On November 18, 2025, The Home Depot held an earnings conference call to discuss its financial results for the fiscal quarter that ended on November 2, 2025. During the call, a technical outage involving a third-party service provider affected some listeners' ability to access the call through the Company's investor relations website.

A replay of the webcast is available on the Company's investor relations website, along with a transcript that will be posted as soon as possible. The report clarifies that the information shared is not intended to be filed under the Securities Exchange Act of 1934 and will not be incorporated by reference into other documents filed under the Securities Act of 1933.

Nov 18, 2025 13:09:53

Home Depot Reports Third Quarter 2025 Financial Results

The Home Depot announced sales of $41.4 billion for the third quarter of fiscal 2025, reflecting a 2.8% increase from the same period in fiscal 2024. The sales growth included approximately $900 million from the acquisition of GMS Inc. Comparable sales rose by 0.2%, with a slight increase of 0.1% in the U.S. Net earnings for the quarter remained flat at $3.6 billion, translating to $3.62 per diluted share, down from $3.67 in the prior year. Adjusted diluted earnings per share were $3.74, compared to $3.78 in the same quarter of the previous year.

The company also updated its fiscal 2025 guidance, projecting total sales growth of around 3.0% and a slight positive growth in comparable sales for the year. The guidance reflects challenges from a lack of storm activity and ongoing consumer uncertainty impacting home improvement demand. The company expects to open approximately 12 new stores and anticipates a decline in diluted earnings per share of about 6.0% from fiscal 2024. Home Depot operates 2,356 retail stores and employs over 470,000 associates across various regions.

Nov 18, 2025 06:05:10

The Home Depot Completes $2 Billion Public Offering of Notes

The Home Depot, Inc. has successfully completed a public offering totaling $2 billion in Notes with varying maturity dates and interest rates. The offering includes $500 million of 3.750% Notes due in 2028, $500 million of 3.950% Notes due in 2030, and $1 billion of 4.650% Notes due in 2035. This issuance was conducted under a shelf registration statement filed with the SEC in August 2024.

The Notes were issued under an Indenture established in May 2005, with The Bank of New York Mellon Trust Company serving as Trustee. The details of the offering, including the forms of global note, are available in the exhibits filed with the current report. These documents are intended to provide information on the terms of the Notes and should not be used by investors for any other purpose.

Sep 15, 2025 16:24:49

The Home Depot Announces $2 Billion Notes Offering Details

The Home Depot has entered into an Underwriting Agreement for a public offering of $2 billion in aggregate principal amount of Notes with varying maturities. This includes $500 million of 3.750% Notes due in 2028, $500 million of 3.950% Notes due in 2030, and $1 billion of 4.650% Notes due in 2035. The offering is made under the company's shelf registration statement filed with the SEC and is expected to close on September 15, 2025, pending certain conditions.

The Underwriting Agreement involves J.P. Morgan Securities LLC, BofA Securities, Barclays Capital, Deutsche Bank Securities, and Wells Fargo Securities as underwriters. It includes standard representations, warranties, and covenants, along with indemnification clauses. Investors should note that the document is filed to provide terms of the agreement and is not intended for other informational purposes regarding the company or the underwriters.

Sep 10, 2025 16:01:40

The Home Depot Reports Q2 2025 Financial Results and Guidance

The Home Depot reported sales of $45.3 billion for the second quarter of fiscal 2025, reflecting a 4.9% increase from the same quarter in the previous year. Comparable sales rose by 1.0%, with a 1.4% increase in the U.S. Net earnings for the quarter were $4.6 billion, or $4.58 per diluted share, slightly down from $4.60 per diluted share in the prior year. Adjusted diluted earnings per share increased to $4.68, compared to $4.67 in the same period of fiscal 2024. The company noted that foreign exchange rates negatively impacted total comparable sales by about 40 basis points.

The Home Depot reaffirmed its fiscal 2025 guidance, projecting total sales growth of approximately 2.8% and comparable sales growth of around 1.0%. The company plans to open approximately 13 new stores and anticipates a gross margin of about 33.4% and an operating margin of approximately 13.0%. Diluted earnings per share are expected to decline by approximately 3% from $14.91 in fiscal 2024, while adjusted diluted earnings per share are projected to decrease by about 2% from $15.24. The company operates a total of 2,353 retail stores and employs over 470,000 associates.

Aug 19, 2025 06:06:02

Home Depot Reports Q1 2025 Results, Reaffirms Guidance

The Home Depot announced sales of $39.9 billion for the first quarter of fiscal 2025, marking a 9.4% increase compared to the same quarter in fiscal 2024. However, comparable sales decreased by 0.3%, with a slight increase of 0.2% in the U.S. Net earnings for the quarter were $3.4 billion, or $3.45 per diluted share, down from $3.6 billion, or $3.63 per diluted share, in the prior year. The company noted that foreign exchange rates negatively impacted comparable sales by approximately 70 basis points during this period. Adjusted diluted earnings per share were reported at $3.56, compared to $3.67 in the same quarter last year.

Home Depot reaffirmed its fiscal 2025 guidance, projecting total sales growth of approximately 2.8% and comparable sales growth of about 1.0%. The company plans to open approximately 13 new stores and anticipates a gross margin of around 33.4% and an operating margin of approximately 13.0%. Additionally, the diluted earnings per share are expected to decline by about 3% from the previous fiscal year, with adjusted diluted earnings per share projected to decline by approximately 2%. At the end of the quarter, the company operated 2,350 retail stores and employed over 470,000 associates.

May 20, 2025 06:13:09