Home Depot sales lifted by customers focusing on smaller projects, but sticks with previous outlook

Home Depot reported strong performance in its fiscal second quarter, with revenue reaching $47.86 billion—beating Wall Street expectations—due to customers focusing on smaller projects despite a slump in the U.S. housing sector. For three months ended Aug. 2, the company earned $4.77 billion and plans to launch nationwide express delivery service within three hours or less. Despite its solid results, Home Depot maintained its earlier sales growth guidance for fiscal 2026.