News Sentiment
News Summary
Home Depot reported quarterly sales of $38.20 billion and net income of $2.57 billion. It approved a 1.3% dividend increase to $2.33 per share, offering a forward yield of nearly 2.5%. The company provided 2026 guidance for sales growth of 2.5% to 4.5% and flat to 4% diluted EPS growth, and plans to open about 15 new stores. Telsey Advisory raised its price target to $435 from $410, reiterating an Outperform rating, citing the company's steady performance and strength with professional customers.