People shop for lumber at a Home Depot in Alhambra, Calif. Frederic J. Brown/AFP via Getty Images
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.
