Tag

Home Depot

All articles tagged with #home depot

HD rides small-project demand to quarterly beat as housing slowdown persists
business11 days ago

HD rides small-project demand to quarterly beat as housing slowdown persists

Home Depot reported a stronger-than-expected Q2 with revenue of $47.86B and 1.7% comparable-store growth driven by demand for smaller projects; US comps rose 1.3%, transactions declined 1% but average ticket rose to about $92.50. The company kept its 2026 outlook of 2.5%–4.5% sales growth and flat-to-up 2% comps, aided by tariff refunds and a national express-delivery launch. Yet the housing market remains weak due to higher mortgage rates and financing costs, weighing on bigger-ticket projects and overall demand.

Home Depot edges past Q2 expectations as it sticks to 2026 outlook in a cautious housing market
business11 days ago

Home Depot edges past Q2 expectations as it sticks to 2026 outlook in a cautious housing market

Home Depot beat Q2 2026 estimates, posting adjusted EPS of $4.92 on revenue of $47.86B and reaffirming full-year guidance of 2.5%-4.5% sales growth with 12.4%-12.6% operating margin. Net income was $4.77B; comparable sales rose 1.7%, the strongest since Q3 2022. Management cited a “frozen housing market” but said it is gaining share across pro and DIY segments, aided by tariff refunds that offset some input costs. Consumers remain hesitant on larger projects due to inflation and uncertainty, while CEO Ted Decker is on temporary medical leave with Ann-Marie Campbell overseeing daily U.S. operations.

Compact Camp, Big Comfort: 8 Foldable Home Depot Finds
technology12 days ago

Compact Camp, Big Comfort: 8 Foldable Home Depot Finds

A Home Depot round-up spotlights eight foldable camping essentials—chairs with built-in tables, a 15-in-1 Gerber multi-tool, a six-foot folding utility table, a portable 110-W solar panel, a folding bag chair, a compact personal fan, a 10x10 pop-up canopy, and a 500-lumen flip light—selected for space-saving design and solid customer ratings, with prices ranging from a few dollars to several hundred.

Home Depot Chief Ted Decker Takes Medical Leave, Interim Leaders Steer the Ship
business16 days ago

Home Depot Chief Ted Decker Takes Medical Leave, Interim Leaders Steer the Ship

Home Depot says CEO Ted Decker is on temporary medical leave, with senior executives taking interim leadership duties as the retailer heads into its next earnings release. The move tests the company’s Pro-focused growth strategy and its ongoing integrations (HD Supply, SRS and other Pro units) amid potential execution risks and balance-sheet pressures, though the company points to a deep leadership bench that can maintain momentum.

Home Depot CEO Ted Decker takes temporary medical leave; deputies take helm
business16 days ago

Home Depot CEO Ted Decker takes temporary medical leave; deputies take helm

Home Depot says CEO Ted Decker will take a temporary medical leave for the next few months, with Ann-Marie Campbell overseeing U.S. stores and operations and CFO Richard McPhail running finance and the Pro business; lead independent director Greg Brenneman will chair the board during the absence. The appointments align with Decker’s recommendation, come ahead of the fiscal Q2 earnings, and the deputies will not receive additional pay for their expanded duties.

Nine Home Depot camping must-haves (and three to skip)
outdoor1 month ago

Nine Home Depot camping must-haves (and three to skip)

This Home Depot roundup highlights nine worthwhile camping gear picks—ranging from sturdy tent stakes and a portable stove to a wagon, a compact hatchet, multi-pack flashlights, a kerosene lantern, a pop-up changing room, a WeatherX lantern with a power bank, and Ready America glow sticks—while flagging three to skip for best value: the Blazing LEDz 12-LED lanterns, the Coleman Queen camping cot and air mattress combo (prone to leaks), and the Picnic Time chair (priced well above a comparable Harbor Freight option).

Home Depot Unveils 4 New Gremlin Animatronics for 2026 Halloween
entertainment1 month ago

Home Depot Unveils 4 New Gremlin Animatronics for 2026 Halloween

Home Depot is launching four new Gremlins-themed Halloween animatronics for 2026, led by a 3.5-foot Mohawk Gremlin with LED eyes that upgrades last year’s Stripe, plus a 3‑piece Gremlins set (popcorn-eater, 3D glasses, Flasher). The line goes on sale online and via the app starting July 16, with in-store rollout beginning in August; Bloody Disgusting will continue to cover upcoming decor reveals.

Home Depot's 12-foot Skelly upgrades with talking mouth and 20 eye animations
tech1 month ago

Home Depot's 12-foot Skelly upgrades with talking mouth and 20 eye animations

Home Depot is updating its viral 12-foot Skelly skeleton for 2026 with a mobile‑app–controlled talking mouth, 20 LCD eye animations, and the ability to customize head/mouth movements and record up to 30 sounds, plus real-time Bluetooth speaking; the upgraded model costs $379 online (with a simpler $299 version returning) and is part of a broader Halloween collection.

Fridge Swap Sparks Viral Standoff Between Customer and Delivery Driver
local-news2 months ago

Fridge Swap Sparks Viral Standoff Between Customer and Delivery Driver

A Georgia woman filmed a dispute with a Home Depot delivery driver over removing her old refrigerator, insisting the driver wait while she emptied it. The driver claimed he had a schedule and had given a 30-minute pre-delivery warning, and he left after installing the new fridge. Viewers largely sided with the driver, noting the old unit should have been emptied beforehand; the Daily Dot could not independently verify the events.

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed
business3 months ago

Home Depot: Modest Q1 FY2026 Growth, Guidance Reaffirmed

The Home Depot reported Q1 FY2026 sales of $41.8 billion (up 4.8% YoY) with 0.6% comparable sales growth; net earnings were $3.29 billion and adjusted EPS $3.43. It reaffirmed fiscal 2026 guidance: about 2.5%–4.5% sales growth, comparable sales roughly flat to +2%, gross margin ~33.1%, operating margin 12.4%–12.6%, and adjusted EPS up about flat to 4% from 2025, with capex ~2.5% of sales and ~15 new stores. The results reflect steady demand amid housing affordability pressures, as the company continues to operate ~2,361 stores and over 1,280 SRS locations with roughly 470,000 associates.

Home Depot rides resilient demand in Q1 2026, sticks to full-year outlook
business3 months ago

Home Depot rides resilient demand in Q1 2026, sticks to full-year outlook

Home Depot beat expectations in Q1 2026 with adjusted EPS of $3.43 on $41.77 billion in revenue and reaffirmed its full-year guidance of 2.5%–4.5% sales growth (up to 4% adjusted EPS growth). Net income was $3.29 billion GAAP, or $3.30 per share. The company notes core homeowners remain engaged but are deferring larger projects amid higher gas prices and weaker housing conditions, while expanding its pro-focused business—backed by acquisitions of SRS Distribution, GMS, and Mingledorff’s—to capture a roughly $700 billion pro market.

Florida Home Depot manager charged over $4M in unauthorized discounts
us-news4 months ago

Florida Home Depot manager charged over $4M in unauthorized discounts

Florida Home Depot manager Mauricio Jimenez, 48, was arrested on organized fraud and first-degree grand theft charges after allegedly slashing prices on about 4,500 transactions—totalling roughly $55 million—across multiple stores from December 2023 to April 2026 to boost his bonuses; the scheme allegedly cost the company more than $4 million in unauthorized discounts. Investigators say he abused internal systems to discount orders for repeat core clients; Jimenez was released on a $15,000 bond and ordered to stay away from Home Depot, while his lawyer denies any kickbacks. Home Depot did not comment.

Hot outfit, cold responses: a TikTok test of pretty privilege at Home Depot
entertainment5 months ago

Hot outfit, cold responses: a TikTok test of pretty privilege at Home Depot

Caroline Ricke’s TikTok experiment at Home Depot compared how male workers treated her in a glamorous black dress versus casual basketball-shorts-and-glasses attire; she says she was warmer and more helpful responses when she dressed casually, while others argue the camera presence and setup biased results, sparking a wider debate about “pretty privilege” in everyday shopping.

Home Depot lifts dividend, outlines 2026 outlook after 2025 results
business6 months ago

Home Depot lifts dividend, outlines 2026 outlook after 2025 results

Home Depot reported fiscal 2025 results with annual sales of about $164.7B and fourth-quarter sales of $38.2B; US comps rose slightly, with net earnings of $14.16B for the year and $2.57B in Q4, plus adjusted EPS of $14.69 for the year and $2.72 for Q4. The board boosted the quarterly dividend 1.3% to $2.33 per share ($9.32 annual), payable March 26, 2026. For fiscal 2026, the company expects about 2.5%-4.5% sales growth, flat-to up to 2% comp growth, ~15 new stores, gross margin around 33.1%, operating margin roughly 12.4%-12.6% (adjusted 12.8%-13.0%), and adjusted EPS roughly flat to up 4% from 2025, with capital expenditures about 2.5% of sales and about 52 weeks in the year.