reuters.com

Home Depot Beats Q2 Estimates as Repair Demand Holds Up

Home Depot logoHome Depot
Sig2.40Sen+1.60Env0.00Soc0.00Gov-0.90

Home Depot reported sales up 5.7% to $47.86 billion in the three months ended August 2, topping analysts’ $47.27 billion forecast, helped by continued demand for repairs and maintenance amid high interest rates. The company kept annual sales and profit outlook, expecting tariff refunds to offset higher fuel and other inputs. CEO Ted Decker is on temporary medical leave, with CFO Richard McPhail and Ann-Marie Campbell covering duties.

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