Home Depot beats quarterly estimates and maintains annual outlook as professional demand stays strong
The retailer beat fourth-quarter expectations as professional contractors offset a decline in DIY projects. Shares rose as the firm reaffirmed its 2026 outlook.
Insights:
The Home Depot, Inc. reported fourth-quarter results on Feb. 24, 2026, that topped analysts' estimates and reaffirmed its fiscal 2026 comparable-sales and adjusted EPS guidance. This outcome, driven by sustained demand from professional customers (contractors, builders, carpenters) and higher average ticket sizes, prompted a positive investor reaction, with shares rising nearly 3% in premarket trading. The development signals that demand from professional contractors and company tools supporting larger projects are successfully offsetting weakness in do-it-yourself remodel activity.
