Home Depot Inc (NYSE:HD) on Tuesday reported upbeat earnings for the first quarter.
The company posted first-quarter sales of $41.77 billion, up 4.8% year over year and above analyst estimates of $41.53 billion. Adjusted diluted EPS fell to $3.43 from $3.56 but beat analyst estimates of $3.41.
“Our first quarter results were in line with our expectations. The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure,” said Ted Decker, chair, president, and CEO.
Home Depot reaffirmed fiscal 2026 guidance, including total sales growth of 2.5% to 4.5%, implying sales of $168.80 billion to …