Home Depot company headlines, earnings, strategy, leadership, and market-moving business updates.
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The home-improvement retailer reported fiscal second-quarter results that beat expectations, with revenue growth accelerating year over year. Still, attention centered on a $685 million tariff-related refund and whether it reflected a one-time tailwind or a broader shift in demand.
THE APEX TIMES
THE APEX TIMES
After reporting second-quarter results, Home Depot and Lowe’s used their earnings messages to frame demand trends tied to housing and home improvement activity, according to market coverage this week.
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The home-improvement retailer said its board has declared a quarterly cash dividend of $2.33 per share, with payment scheduled for mid-September 2026.
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A temporary tariff-related credit that investors were watching for appears to have been treated as consumed by broader cost inflation, helping explain why the retailer left its full-year guidance unchanged after an earnings beat.
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An analyst at Truist says differences in customer shopping patterns, rather than broad weakness, may help explain why Lowe’s has trailed Home Depot.
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The stock gained as the market focused on signs that customers are still spending on do-it-yourself and renovation work, even as the broader housing market remains sluggish.
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A reported cooling in big-ticket home improvement projects is putting pressure on Home Depot’s sales momentum, underscoring how dependent the retailer remains on discretionary repair and remodel demand.
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Home Depot is rolling out a faster delivery option that targets a 3-hour or less window for qualifying orders, relying on fulfillment from more than 2,000 U.S. stores for a catalog that includes thousands of stock keeping units (SKUs).
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The home-improvement retailer said its faster delivery option is now available nationwide from local stores, aiming to reduce wait times for customers.
