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Home Depot's Q2 earnings exceeded expectations, with professional customer sales, delivery, and AI investments driving market share growth.
Home Depot executives stated that the company's second-quarter results exceeded expectations, driven by strong performance in core home improvement categories, continued growth in delivery investments, and professional customer sales. The company achieved comparable sales growth in 13 out of 16 merchandise categories and plans to resume share repurchases by the end of the second quarter of 2027. Additionally, the company is applying AI to customer tools, merchandising, pricing, and supply chain, and expects to generate $400 million in revenue through cross-selling from its SRS business in 2026.
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