Home Depot

Home Depot beat Wall Street estimates in its second quarter, with its revenue rising despite customers shifting away from larger projects. The home improvement retailer's strong performance was attributed to customers taking on smaller construction projects instead.

Home Depot posted an adjusted EPS of $4.92 and revenue of $47.86 billion, figures that topped expectations and were ahead of Wall Street estimates. Despite this strong performance, the home improvement retailer held its full-year outlook steady.

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.

Home Depot's results beat estimates in the second quarter. The company reported that comparable sales rose 1.7%, and its adjusted earnings also surpassed expectations. Lindsay Dutch has more information on this matter.

Home Depot reported that its sales increased in the second quarter to $47.86 billion, surpassing Wall Street's expectations for the period. The company earned $4.77 billion for the three months ended Aug. 2 and announced an express delivery service nationwide. Despite solid performance, Home Depot maintained its earlier guidance of between 2.5% and 4.5% sales growth for 2026.

Home Depot reported improved second quarter sales, with revenue increasing to $47.86 billion and earning $4.77 billion for the three months ended Aug. 2. The company credited this success to broad-based demand as customers continued focusing on smaller projects. This strong performance occurs while the U.S. housing market remains pressured by rising mortgage rates and slowed existing home sales.

Home Depot's sales improved during its fiscal second quarter. The boost in revenue was attributed to customers who spent more money throughout the summer months by concentrating their purchases on smaller projects.

Home Depot reported improved sales for the second quarter, reaching $47.86 billion as customers focused on smaller projects. The company's strong quarterly performance was highlighted by a 1.3% rise in U.S. comparable store sales and an earnings per share of $4.92, exceeding Wall Street predictions. This solid result comes despite pressure from the housing market slump due to climbing mortgage rates.

Home Depot reaffirmed its guidance amidst 'frozen housing market conditions.' The company also reported second fiscal quarter results that surpassed Wall Street expectations on both the top and bottom lines.

Global markets showed mixed performance on Monday after U.S. stocks retreated following a weaker economic report and worries over stagflation. European indices displayed varied results, while Asian markets saw gains in Hong Kong and Shanghai, despite the S&P/ASX 200 slipping. Brent crude rose by 0.4% to $88.84 per barrel, contrasting with declines in U.S. benchmark crude.

Louisville Ladder Inc., a manufacturer of attic ladders sold by stores like Home Depot and Lowe’s, recalled 1,770,000 units under various brand names. The recall was issued after reports that bolts on the ladders could break, potentially causing serious injuries or falls. Customers are advised to stop using the ladders immediately and visit a specific website for a free repair kit.

Over one million attic stairway ladders have been recalled after reports of falls and injuries involving faulty bolts. Louisville Ladder Inc., which sells models under several brands, issued the recall because internal bolts could break. Customers are advised to stop using the product immediately and can visit a provided website for a free repair kit.

Over 1 million attic stairway ladders, sold at stores including Home Depot and Lowe’s, have been recalled following reports of falls and injuries. Louisville Ladder Inc., which recalled 1,770,000 units across several brands, stated that the bolts could break, potentially causing injury or death. Consumers are advised to immediately stop using the ladders and visit a designated website for a free repair kit.

Wall Street is set to receive several financial updates this week. These updates include earnings reports from major retailers such as Home Depot and Walmart, alongside additional details from the Federal Reserve's most recent meeting.

Police arrested a suspect after an incident of reported aggravated assault was filed. The alleged crime took place at a Home Depot located in Hutto.

The Marcus Foundation, established by Bernie and Billi Marcus, donated $28.7 million to Dr. Chuck Murry at USC to advance clinical trials of stem cell-based therapies for regenerating tissue after a heart attack. This gift is noted as the largest donation from The Marcus Foundation to USC. Overall, the foundation maintains a dedicated focus on medical research across various areas including regenerative medicine and cardiovascular disease.

Americans are reinventing their careers—through pivoting or upskilling—to adapt to a moderate job market, fears of layoffs, and AI's impact on jobs. For instance, Douglas Craig transitioned from being a media executive to an outdoor adventure park instructor after a layoff in June 2025. Other workers are also making unexpected shifts, such as Jon McCarty moving away from software engineering after his role ended in 2022.

Detroit has fewer national retailers compared to other major cities, prompting officials to implement strategies to attract chains. Mayor Mary Sheffield launched a retail attraction initiative in 2026, hiring Addofio Addo to lead efforts, aiming to retain $3 billion in local spending currently directed to suburbs. Challenges include high property taxes, insurance costs, and historical population decline.

The Home Depot Consumer Credit Card offers no annual fee, six months of deferred interest on purchases over $299, and discounts up to $100 for new applicants. However, the article suggests that general rewards or cash back credit cards, like the Bank of America Customized Cash Rewards or Discover it Cash Back, may be more beneficial for some users. The card is a closed-loop credit card usable only at Home Depot.

Three men were arrested in Nashville over the weekend for allegedly stealing from Home Depot and Lowe’s stores in separate incidents between June and July. The arrests involved stolen merchandise valued between $685 and $1,253, with charges including retail theft, organized retail crime, trespassing, and burglary.

Bobby Clanton, 51, was arrested for stealing nearly $10,000 in merchandise from Nashville Home Depots over a two-month period in 12 thefts. He was booked into Davidson County.

OpenAI has doubled ads per user for ChatGPT mobile users in the US, with Sensor Tower reporting a surge in advertisers from 300 in April to over 820 in July. Major brands like Home Depot, Intuit, and Booking Holdings have replaced smaller software firms as top advertisers, while financial services, travel, and education sectors increased their ad spend shares.

Jessica Treviño, a DACA recipient and mother of three, was deported to Mexico and is suing the U.S. government over termination of her status due to 'unauthorized travel' linked to her deportation. Her DACA status, valid until 2027, was cited for termination after her March 2026 deportation, despite an immigration judge's voluntary departure order. Treviño seeks to return to the U.S. to be with her children, who are U.S. citizens.

Fridges sold at Home Depot and Amazon are being recalled due to reports of fires, including one that resulted in a death. The CPSC has documented 34 fire incidents linked to the refrigerators.

Galanz Americas recalled 121,680 retro refrigerators due to a short-circuit risk that could cause fires and burns. The Consumer Product Safety Commission reported 34 fire incidents, including one death, linked to the recalled models. Consumers are advised to unplug affected units and contact Galanz for a free repair.

Consumer Reports tested various toilets and bidet upgrades, finding efficient and budget-friendly options like the American Standard Colony 3 and Luxe Bidet Neo 320 Plus. Smart toilets with features like heated seats were evaluated, though they come at a higher cost. The report highlights water-saving dual-flush models and manual bidet attachments as affordable alternatives.

A Home Depot employee in North Miami, Marvin Colin, 28, is charged with grand theft and organized fraud after allegedly processing unauthorized refunds totaling $5,133.52 between June 6 and July 16. He is being held on a $5,000 bond at Turner Guilford Knight Correctional Center.

A grand theft investigation is underway after an Oakland man allegedly stole a $2,000 jackhammer from a Hercules Home Depot store. Police responded to the reported theft on Monday for an incident that occurred Sunday.

A landlord received rental applications from a couple with unusual inconsistencies, including a job listed at a local hardware store but with a Home Depot offer letter from a distant location, and both applicants' emails ending up in the spam folder with a malformed 'gmail.-com' suffix. The landlord is cautious but has not yet met the applicants, who have paid the application fee and provided employment and income documentation.

The article highlights the top 10 Dow Jones Industrial Average stocks with the highest dividend yields, emphasizing their potential for reliable income and long-term growth. Examples include Nike (3.9%), Chevron (3.7%), and IBM (3.3%), with analysis on their financial stability and market positioning despite challenges like Nike's recent share decline.

Jerri Roby was sentenced to life in prison for first-degree murder after killing her son John Gaither in 2023 and hiding his body in a fake wall constructed with materials she purchased. She had a prior murder conviction in Florida.

A Mississippi woman was sentenced to life in prison for killing her son and concealing his body in a fake wall. Jerri Roby, 69, pleaded guilty to first-degree murder in the 2023 death of her 42-year-old son, John Gaither, after investigators discovered his body hidden behind a constructed wall at her home.

A Mississippi woman was sentenced to life in prison for killing her son and concealing his body in a fake wall at her home. The case involved forged communications and a prior murder conviction in Florida.

A 78-year-old woman, June Cooper King, is accused of leaving a 9-year-old child and a dog in a hot car at a Home Depot in Horry County, South Carolina. The child was treated for heat exhaustion with a body temperature of 104 degrees, and King was charged with unlawful conduct toward a child before being released on a $25,000 bond.

A 78-year-old woman, June Cooper King, was arrested after leaving a 9-year-old child and a dog inside a hot car at a Home Depot in Horry County, South Carolina. The child was treated for possible heat exhaustion with a body temperature of 104 degrees and hospitalized, while King was charged with unlawful conduct toward a child and released on a $25,000 bond.

July Cooper King, a 78-year-old woman, was arrested for leaving a 9-year-old child and a dog inside a hot car at a Home Depot in Horry County, South Carolina. The child was treated for possible heat exhaustion with a body temperature of 104 degrees and hospitalized. King was charged with unlawful conduct toward a child and released on a $25,000 bond.

Detroit is experiencing severe air quality due to lingering Canadian wildfire smoke, causing air purifiers to sell out in local stores. Residents report difficulty breathing and are improvising safety measures, while online retailers also face delivery delays for air purifiers.

The city announced it will break ground on a mixed-use development on a former car dealership and Home Depot site near I-35 at St. Johns Ave. The project marks the first physical progress on the St. Johns development.

Fixin’ Franks, a Chicago-based hot dog stand located in Home Depot stores, was founded in 1998 by Conley Shirley and is now owned by his son Jordan Shirley. The business originated as a coffee cart before pivoting to hot dogs based on a suggestion from Home Depot management. Fixin’ Franks has expanded to 17 locations in the Chicago area, using sausages from Eisenberg and Makowski’s Real Sausage Company instead of Vienna Beef.

Costco leads the list of retailers offering the highest hourly wage for entry-level workers in the US, with other top companies like J.Crew, Madewell, and Zara also paying over $17 per hour. The data, based on Glassdoor's analysis of user-submitted salaries, highlights 20 retailers providing competitive entry-level pay in the retail sector.