Home improvement retail giant Home Depot (NYSE: HD) will be reporting earnings this Tuesday morning. Here’s what to expect.
Home Depot met analysts’ revenue expectations last quarter, reporting revenues of $38.2 billion, down 3.8% year on year. It was a mixed quarter for the company, with a narrow beat of analysts’ gross margin estimates but a miss of analysts’ EBITDA estimates.
Is Home Depot a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Home Depot’s revenue to grow 4.4% year on year, slowing from the 9.4% increase it recorded in the same quarter last year.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Home Depot rarely misses Wall Street’s revenue estimates.
Looking at Home Depot’s peers in the home furnishing and improvement retail segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Floor And Decor posted flat year-on-year revenue, missing analysts’ expectations by 2.8%, and Arhaus reported flat revenue, in line with consensus estimates. Floor And Decor traded up 4.5% following the results while Arhaus was down 14.3%.
Read our full analysis of Floor And Decor’s results here and Arhaus’s results here.
Markets spent late 2025 hand-wringing over AI's threat to software and crypto, only for the US-Iran conflict to seize the narrative in 2026. While some of the home furnishing and improvement retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 11.7% on average over the last month. Home Depot is down 15% during the same time and is heading into earnings with an average analyst price target of $400.03 (compared to the current share price of $298.21).
ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.
These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.
