Home Depot Beats Quarterly Estimates as Professional Contractor Demand Offsets Soft Housing Market
Home Depot beat quarterly estimates as demand from professional contractors offset a weak housing market. Shares rose today while the firm monitors new tariffs.
Insights:
The Home Depot, Inc. reported fourth-quarter results on February 24, 2026, that exceeded analysts' estimates, while the company simultaneously maintained its comparable-sales and adjusted earnings per share guidance for fiscal 2026. The positive financial report sparked a rise in investor confidence, sending the company's shares up approximately 4%. The news also buoyed shares of Lowe's Companies, Inc. , which increased by about 2% following the announcement.
