Home Depot (HD) Q1 2026 (USD): EPS 3.43 (exp. 3.41), Revenue 41.8bln (exp. 41.61bln); backs FY26 guidance
[CALENDAR ADDITION] Trump to host G20 leaders’ summit in Miami on December 14-15th; USTR Greer to host trade ministerial in Milwaukee from September 30th to October 1st
Brazilian President Lula (48.9%) vs Bolsonaro (41.8%) in the potential Brazilian presidential runoff, according to an Atlasintel poll
Home Depot (HD) Q1 2026 (USD): EPS 3.43 (exp. 3.41), Revenue 41.8bln (exp. 41.61bln); backs FY26 guidance
India is reportedly considering reducing or withdrawing its cotton import duty
Russia’s seaborne oil products exports rose 10% month-on-month in May 1–15th, according to reports citing data
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SSS:
- Q1 SSS 0.6% (exp. 0.8%)
- US comparable sales +0.4%
- Comparable customer transactions fell 1.3%
- Comparable average ticket rose 2.2%
- Total customer transactions declined 0.9% to 391.1mln
- Average ticket increased 2.3% to USD 92.76.
COMMENTARY:
- CEO says demand was relatively similar to FY25, despite greater consumer uncertainty and housing affordability pressure.
- CFO says the homeowner is perhaps more financially protected than other consumer cohorts, so HD continues to see engagement.
GUIDANCE:
- Reaffirms FY26 guidance for total sales growth about 2.5%-4.5%, comparable sales growth about flat to 2.0% (exp. 1.4%), EPS growth about flat to 4.0% from 14.23 and, adj. EPS growth about flat to 4.0% from 14.69.
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