DIY Homeowners Spur Springtime Sales at Home Depot

The company’s net earnings fell by 4.2 percent year over year.
DIY Homeowners Spur Springtime Sales at Home Depot
People shop for lumber at a Home Depot in Alhambra, Calif. Frederic J. Brown/AFP via Getty Images
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Home Depot on May 19 reported first-quarter sales of $41.8 billion, a 4.8 percent year-over-year increase, bolstered by its revamped product-delivery service and stronger demand for seasonal home-improvement products.

Home Depot’s adjusted earnings per share for the first quarter of fiscal 2026, which ended May 3, were $3.43 versus year-earlier earnings per share of $3.56. Net earnings of $3.29 billion dipped 4.2 percent from the first quarter of fiscal 2025, when it reported net earnings of $3.43 billion.

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Rob Sabo
Rob Sabo
Author
Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.