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Home Depot Distribution Unit Drives Better Sales as Guidance Holds

Home Depot logoHome Depot
Sig2.73Sen+3.48Env0.00Soc0.00Gov0.00

Home Depot’s distribution arm has turned from dragging comparable sales to comping above the company average, helped by stronger performance across verticals and a larger share captured through SRS, with 90% of stores closing sales that way over the past 12 months. The company beat fiscal Q2 2026 expectations, raised gross margin 25 bps to 33.7%, and reaffirmed guidance, while transactions still fell 1% to watch for a turnaround.

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