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The Home Depot, Inc. reports developments tied to its home improvement retail business, Pro contractor strategy and specialty trade distribution platform. The company operates warehouse-format stores and digital channels for building materials, home improvement products, lawn and garden products, decor, installation services, and tool and equipment rentals across the United States, Canada and Mexico.
Recurring news for HD includes quarterly earnings calls, investor presentations, dividend and guidance updates, technology leadership, marketing partnerships, and acquisitions that expand Pro-facing distribution. The SRS Distribution subsidiary adds coverage in roofing, building products, interior and construction products, landscape, pool and HVAC distribution, extending Home Depot's role beyond retail stores into trade-focused supply channels.
Home Depot (NYSE:HD) reported first quarter fiscal 2026 net sales of $41.8 billion, up 4.8% year over year. Comparable sales rose 0.6% (U.S. +0.4%), with FX adding about 55 bps.
Net earnings were $3.3 billion and diluted EPS $3.30, both down about 4% from fiscal 2025. Adjusted diluted EPS was $3.43, versus $3.56 a year ago. Operating income declined 3.0% to $5.0 billion.
Home Depot generated $6.0 billion in operating cash flow, versus $4.3 billion in the prior-year quarter, and ended the quarter with 2,361 stores and over 1,280 SRS locations. The company reaffirmed fiscal 2026 guidance, including total sales growth of 2.5–4.5%, flat to 2.0% comparable sales growth, and diluted and adjusted diluted EPS expected to grow approximately flat to 4.0% from fiscal 2025.
Home Depot (NYSE:HD) subsidiary SRS Distribution has completed its acquisition of HVAC distributor Mingledorff's, announced May 11, 2026. Mingledorff's operates 42 locations across five southeastern states, adding a new HVAC distribution vertical, expanding SRS’s Pro-focused offerings and increasing Home Depot’s total addressable market to $1.2 trillion.
The Home Depot (NYSE: HD) will host its First Quarter Earnings Conference Call on Tuesday, May 19, 2026 at 9:00 a.m. ET. A live webcast will be available at the company investor site and a replay will be archived beginning about noon on May 19.
The Home Depot operates 2,359 retail stores and over 1,250 SRS locations across the U.S., Puerto Rico, U.S. territories, Canada and Mexico, and employs over 470,000 associates.
WEX (NYSE: C) and Impactive Capital reached a cooperation agreement to present a refreshed slate of 11 director nominees for the 2026 Annual Meeting, including three new independent directors: Kurt Adams, Ellen Alemany, and Lauren Taylor Wolfe. The Annual Meeting is rescheduled to May 14, 2026.
The company will separate the roles of Chair and CEO after the meeting; Melissa Smith will remain CEO and president. Impactive withdrew its separate nomination and agreed to support the revised slate; customary standstill, non-disparagement, and voting commitments apply.
Hertz and The Home Depot (HD) launched a nationwide Military Appreciation Month initiative beginning May 1, 2026, offering transportation, travel benefits and home-upgrade prizes for service members. Three winners receive a car from Hertz Car Sales, Husky tool sets, and $1,000 Home Depot gift cards; one winner gets an additional garage storage upgrade.
Eligible military buyers can get up to $1,000 off Hertz Car Sales purchases through July 4, 2026, and Home Depot Verified Military Discount members receive Hertz Five Star status during the promotion.
The Home Depot (NYSE:HD) launched AI-powered customer service phone agents on April 22, 2026, built on Google Cloud's Gemini Enterprise for Customer Experience. A 50-store pilot showed AI agents understand caller intent in under 10 seconds and deliver help four times faster than traditional phone menus. The system supports real-time translation, can initiate service requests, build project-based shopping carts, send product links to pre-filled carts, and always offers a direct path to a human associate. Expansion to all U.S. stores is planned over the coming year.
The Home Depot (NYSE:HD) named Dr. Franziska "Fran" Bell as executive vice president and chief technology officer, effective April 6, 2026. Bell will lead technology, product management, data and AI, drawing on roles at Ford, BP, Uber and Toyota to drive enterprise integration of agentic AI.
Her appointment targets seamless, data-driven experiences for associates, DIY and Pro customers as the company advances AI-led customer and operational improvements.
The Home Depot (NYSE: HD) said CFO Richard McPhail will present at the J.P. Morgan Retail Round Up Forum on Thursday, April 9, 2026 at 9:00 a.m. ET. The presentation will be webcast live and archived at the company’s Events and Presentations page, available about one hour after the event.
At fiscal year-end 2025, the company operated 2,359 stores and over 1,250 SRS locations across the U.S., territories, Canada and Mexico, and employed more than 470,000 associates.
The Home Depot (NYSE:HD) subsidiary SRS Distribution has agreed to acquire Mingledorff's, a wholesale HVAC distributor with 42 locations in five southeastern states, adding HVAC as a new SRS vertical. HVAC raises The Home Depot's total addressable market by ~$100 billion to $1.2 trillion. Closing is expected in Q2 fiscal 2026, subject to regulatory approvals; funding will be from cash and debt. Management continuity is planned, with Mingledorff's CEO and senior team remaining in place.
The Home Depot (NYSE:HD) is the Official Home Improvement Retailer of the FIFA World Cup 2026 and launched a national campaign with David Beckham on March 19, 2026. Highlights include a $10,000 gift-card sweepstakes plus a trip to the Final, in-store adidas scarf offers with select Makita purchases, a June 6 kids workshop, and Beckham-themed fan festival experiences.
The program outfits 475,000 associates with special-edition aprons and offers immersive "Beckham's Backyard" activations at FIFA Fan Festivals.