The earnings call reflects a generally positive sentiment with strong sales growth, strategic acquisitions, and increased online engagement. However, challenges such as declines in larger projects, flat EPS, inventory issues, and margin pressure present areas of concern.

Company Guidance

During The Home Depot, Inc.'s second quarter 2025 earnings call, the company reported sales of $45.3 billion, marking a 4.9% increase from the same period last year, with U.S. comp sales up by 1.4%. Adjusted diluted earnings per share rose slightly to $4.68 from $4.67 in the previous year. The firm highlighted positive comps in Canada and Mexico and reported the strongest business performance in over two years, driven by smaller home improvement projects. The company's strategic initiatives, such as technology investments, the Pro ecosystem, and faster delivery services, are credited with driving market share growth. The recent acquisition of SRS exceeded expectations by enhancing the pro ecosystem and driving revenue synergies, while the pending acquisition of GMS aims to expand capabilities and distribution footprints across the U.S. and Canada. Despite market uncertainties, The Home Depot, Inc. remains confident in its supply chain flexibility and its ability to provide the right products at the right value, reaffirming its fiscal 2025 guidance. The company expects total sales growth of approximately 2.8% and comp sales growth of about 1%, with an operating margin of 13% and an adjusted operating margin of 13.4%.

Record Sales and Revenue Growth

Sales for the second quarter were $45.3 billion, up 4.9% from the same period last year, with comp sales increasing 1% and U.S. comps up 1.4%.

Strategic Acquisitions and Market Share Expansion

The acquisition of SRS has exceeded expectations, driving market-leading growth and revenue synergies. The pending acquisition of GMS will further expand distribution and product offerings.

Strong Online Sales Performance

Digital platform sales increased approximately 12% compared to the second quarter of last year, with enhancements in delivery speeds and order fulfillment contributing to growth.

Positive Performance Across Multiple Categories

12 of 16 merchandising departments posted positive comps, with strong performance in storage, bath, hardware, building materials, and more.

Pro Customer Engagement and Ecosystem Development

Investments in the Pro ecosystem are yielding results, with enhancements in trade credit, order management, and delivery services driving increased engagement and sales.

Home Depot (HD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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HD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	3.85 / -	3.78	―	―	―
Aug 19, 2025	2025 (Q2)	4.72 / 4.68	4.67	0.21% (<+0.01)	―
May 20, 2025	2025 (Q1)	3.60 / 3.56	3.63	-1.93% (-0.07)	―
Feb 25, 2025	2024 (Q4)	3.04 / 3.13	2.82	10.99% (+0.31)	―
Nov 12, 2024	2024 (Q3)	3.65 / 3.78	3.81	-0.79% (-0.03)	―
Aug 13, 2024	2024 (Q2)	4.53 / 4.67	4.65	0.43% (+0.02)	―
May 14, 2024	2024 (Q1)	3.60 / 3.63	3.82	-4.97% (-0.19)	―
Feb 20, 2024	2023 (Q4)	2.77 / 2.82	3.3	-14.55% (-0.48)	―
Nov 14, 2023	2023 (Q3)	3.75 / 3.81	4.24	-10.14% (-0.43)	―
Aug 15, 2023	2023 (Q2)	4.45 / 4.65	5.05	-7.92% (-0.40)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 19, 2025	$394.70	$407.20	+3.17%
May 20, 2025	$377.04	$374.72	-0.62%
Feb 25, 2025	$377.66	$388.40	+2.84%
Nov 12, 2024	$401.10	$395.98	-1.28%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.