Home Depot, Inc. (HD)
The company now
Home Depot reported on 18 August 2026 that sales for the second quarter of its fiscal 2026 rose 5.7 percent to $47.9 billion 1. Comparable sales, which compare stores and websites open a year or more, rose 1.7 percent 1.
The average ticket rose 2.8 percent while the number of transactions fell 1.0 percent 2. Net earnings were $4.8 billion, up from $4.6 billion 1.
The company credits customers taking on smaller repair and maintenance projects, while housing affordability holds back bigger ones 2. It also began receiving refunds of tariffs paid under the International Emergency Economic Powers Act, which the Supreme Court struck down: about $730 million by 2 August, mostly booked as lower cost of goods 2. Higher fuel, energy and other input costs largely offset that benefit, so the gross margin, the share of sales left after the cost of goods, rose only to 33.7 percent from 33.4 percent 2.
The open question is leadership 4. On 12 August 2026 the company said Ted Decker, its chair and chief executive, was taking a temporary medical leave 4. Ann-Marie Campbell oversees daily operations, and the finance chief, Richard McPhail, is interim principal executive officer 4.
The company said it expects him back within the next few months, and neither its release nor press reports gave details of his condition 523. No later current report on file names his return 24. Third-quarter results are scheduled for release on 17 November 2026 21.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.