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February 26, 2026

Home Depot tops Q4 expectations, but customers pull back on spending

  • A frozen housing market has added to more tepid spending for the home improvement retailer.
    • By MICHELLE CHAPMAN
    AP Business Writer

    Home Depot’s fourth-quarter performance was muted by ongoing caution from American consumers in a weak housing market, but the home improvement retailer topped Wall Street expectations.

    The Atlanta company earned $2.57 billion, or $2.58 per share, for the three months ended Feb. 1. Stripping out one-time charges or benefits, earnings were $2.72 per share, topping analyst projections for per-share earnings of $2.53, according to FactSet.


     
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