Home Depot Inc. (HD) Q4 2025 (USD): adj. EPS 2.72 (exp. 2.53), Revenue 38.2bln (exp. 38.11bln); Boosts dividend +1.3%

• Q4 SSS +0.4% (exp. -0.4%)
• Q4 US SSS +0.5%

COMMENTARY:

• Exec said results were largely in-line with expectations, reflecting the lack of storm activity in Q3 and ongoing consumer uncertainty and pressure in housing.
• Adjusting for storms, underlying demand was relatively stable throughout the year.

GUIDANCE:

• FY sales view +2.5-4.5% (exp. 15.10)
• FY SSS seen +0-2% (exp. 1.7%)
• FY Adj. EPS seen +0-4%