Home Depot (HD) Q2 FY27 earnings call

Earnings call· Jul 2026 (Q2 FY27)· Consumer Discretionary· Aug 18, 2026

Source: earnings call transcript

The Home Depot delivered strong Q2 FY27 results, exceeding expectations with broad-based demand and significant market share gains, particularly in its Pro and digital channels. Despite ongoing consumer uncertainty and housing market pressures, the company reaffirmed its full-year guidance, leveraging strategic investments in store experience, interconnected fulfillment, and Pro capabilities. Management highlighted the effective use of tariff refunds to offset rising costs, maintaining value in a dynamic environment.

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HD operating KPIs by quarter

HD operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Aug 2025 Q2 FY26	Nov 2025 Q3 FY26	May 2026 Q1 FY27	This call Jul 2026 Q2 FY27	Change vs prior quarter
Stores	2,353 During the second quarter, we opened 3 new stores, bringing our total store count to 2,353. Source: earnings call transcript	2,356 During the third quarter, we opened 3 new stores, bringing our total store count to 2,356. Source: earnings call transcript	2,361 During the first quarter, we opened 12 new stores, bringing our total store count to 2,361. Source: earnings call transcript	2,364 During the second quarter, we opened 3 new stores, bringing our total store count to 2,364. Source: earnings call transcript	+0.1%
New stores opened	3 During the second quarter, we opened 3 new stores, bringing our total store count to 2,353. Source: earnings call transcript	3 During the third quarter, we opened 3 new stores, bringing our total store count to 2,356. Source: earnings call transcript	2 We opened 2 new stores during the quarter, not 12, apologies for that. Source: earnings call transcript	3 During the second quarter, we opened 3 new stores, bringing our total store count to 2,364. Source: earnings call transcript	+50%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.