The Home Depot, Inc.'s Stock Analysis

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

Home Depot Reports Q4 Growth, Announces Dividend Increase

Home Depot reported a fourth quarter sales increase of 14.1% to $39.7 billion compared to the same period last year, with net earnings rising to $3.0 billion from $2.8 billion. The company also announced a 2.2% increase in its quarterly dividend, marking the 152nd consecutive quarter of cash dividends paid.

However, comparable sales for fiscal 2024 decreased by 1.8%, and net earnings for the entire fiscal year fell to $14.8 billion from $15.1 billion in the previous year. Additionally, the adjusted diluted earnings per share for fiscal 2024 showed a slight decline from $15.25 to $15.24.

Feb 25, 2025 06:49:51

Home Depot Reports $40.2 Billion in Third Quarter Sales

Home Depot reported sales of $40.2 billion for the third quarter of fiscal 2024, marking a 6.6% increase compared to the same period last year. The company maintained steady operating income at $5.4 billion, with an operating margin of 13.5%. Additionally, adjusted operating income rose slightly to $5.6 billion, and adjusted diluted earnings per share were $3.78. The CEO noted improved customer engagement and sales related to seasonal goods and hurricane demand as positive contributors to performance.

However, comparable sales for the quarter decreased by 1.3%, with a slight decline of 1.2% in the U.S. market. Net earnings also fell to $3.6 billion, down from $3.8 billion in the previous year, resulting in diluted earnings per share of $3.67, a decrease from $3.81. The company updated its fiscal 2024 guidance, projecting a decline in comparable sales of approximately 2.5% and a decrease in diluted earnings per share by about 2% compared to the previous fiscal year.

Nov 12, 2024 06:10:23

Home Depot Reports Mixed Q2 Results and Guidance Update

Home Depot announced a slight increase in sales for the second quarter of fiscal 2024, totaling $43.2 billion, aided by its recent acquisition of SRS Distribution. However, comparable sales saw a decline of 3.3%, suggesting challenges in consumer demand, particularly in the U.S. The company's operating income decreased slightly, and net earnings also fell compared to the previous year. Despite these setbacks, the CEO expressed confidence in the long-term fundamentals of the home improvement market, attributing current pressures to higher interest rates and economic uncertainty.

Looking ahead, Home Depot updated its guidance for fiscal 2024, projecting total sales growth of 2.5% to 3.5% and a decline in comparable sales between 3% and 4% for the year. The company plans to open approximately 12 new stores and expects to maintain a gross margin of around 33.5%. While the guidance reflects some optimism, the anticipated decline in comparable sales indicates ongoing challenges in consumer spending and market conditions.

Aug 13, 2024 06:07:00