HD US S&P 500DJIARussell 1000 Konferencja wynikowa
The Home Depot
Wyniki II kw. 2026 vs I kw. 2026 · poprzedni kwartał · rok obrotowy: Q2 2027 · opublikowano 18 sie 2026 i 19 maj 2026
Net income up 44.9% on the previous quarter. Management sounded about as positive as a typical company call, in its script and in answers to analysts.
1 · Liczby
+44,9%
Zysk netto vs I kw. 2026
Podano perspektywy
Zysk netto 4,77 mld vs 3,29 mld
Przychody +14,6%
Against the same quarter last year (II kw. 2025) it is +4.7% — part of the move on last quarter is seasonal.
2 · Jak mówił zarząd
Typowy
More upbeat than 53% of company calls
Answers to analysts: restrained, in line with the script.
Similar to last call.
3 · Co się wyróżniło
The Home Depot expects total sales growth of approximately 2.5% and comparable sales growth of between flat to 2% as it seeks to grow market share.
Między wierszami
-
Prognoza
The company expects total sales growth of between approximately 2.5% and comparable sales growth of between flat to 2% as it seeks to grow market share.
Cytat ze źródła
“We expect to continue to grow our market share and for our comp sales to range between flat to 2% growth, with total sales growth of between approximately 2.5%...”
-
Prognoza
The company expects net interest expense of approximately $2.3 billion, which impacts the projected cost of capital for the period.
Cytat ze źródła
“We expect net interest expense of approximately $2.3 billion.”
-
Liczba
Second-quarter sales rose 5.7% from the same period last year to reach $47.9 billion.
Cytat ze źródła
“Sales for the second quarter were $47.9 billion, an increase of 5.7% from the same period last year.”
-
Słabnie
Outdoor power equipment saw growth in the second quarter, whereas the first quarter saw the Pro segment outperforming the DIY segment across multiple categories.
Cytat ze źródła
“We saw strength in DIY across many spring-related categories, including live goods, outdoor power equipment, patio, grills and storage. During the first quarter, Pro posted positive comps and outperformed DIY. And for Pro, we saw strength across many Pro-heavy categories like power, pipe and fittings, water heaters, fasteners and paint.”
-
Słabnie
The adjusted operating margin decreased from 13.2% in the first quarter to 12.3% in the second quarter after excluding $171 million in intangible asset amortization.
Cytat ze źródła
“Excluding the intangible asset amortization in the quarter, our adjusted operating margin for the first quarter was 12.3% compared to 13.2%... In the quarter, pretax intangible asset amortization was $171 million. Interest and other expense for the first quarter increased by $13 million to...”
Wycena
Odwrócony DCF. Wolne przepływy pieniężne z ostatniego pełnego roku obrotowego (2026-02-01), powiększane przez 10 lat, zdyskontowane, plus wartość rezydualna. „Wzrost implikowany” to tempo, które zakłada obecna cena.
Aktualna cena
$285.77
zamknięcie z 2026-10-07
Rynek zakłada wzrost o iRoczny wzrost wolnych przepływów pieniężnych przez następne 10 lat, który zakłada dzisiejsza cena akcji. Jeśli uważasz, że spółka będzie rosła szybciej, akcja jest w tym modelu tania; wolniej — droga.
+10,0% przez 10 lat
Wartość godziwa / akcję
—
Kupuj poniżej
—
Cena vs wartość godziwa
—
Cena vs cena zakupu
—
Zarząd oczekuje
Sales +2.5% · z raportu za II kw. 2026: “The company expects total sales growth of between approximately 2.5% and comparable sales growth of between flat to 2% as it seeks to grow market share.”
Prognoza zarządu, zwykle na rok do przodu — nie tempo wzrostu przepływów na 10 lat.
Ton
Jak optymistyczny był język w porównaniu z innymi spółkamiiTon to liczba pozytywnych słów finansowych minus liczba negatywnych, skorygowana o długość tekstu. Zarządy zwykle mówią pozytywnie, więc etykiety porównują każdą konferencję z ostatnimi konferencjami wszystkich spółek: „typowy” to środkowa trzecia, „bardzo optymistyczny” to najlepsze 10%, „ostrożny” to najsłabsze 10%.. Kropka: II kw. 2026. Pierścień: I kw. 2026.
Script and answers carried a similar tone, so the script's message held up under questioning.
Zdania, które wpłynęły na ton
“Ann and I are supported by an exceptional leadership team and a dedicated Board and together, we are wholly focused on executing our strategy and winning in our market.”
“RUCO has driven strong Pro loyalty with us for decades, and we are excited to expand their product lineup across our stores.”
“We believe that we will continue to grow market share as a result of our competitive advantages and ongoing investments by delivering the best experience in home improvement.”
Liczby
USD · SEC EDGAR XBRL (10-Q, period end 2026-08-02)
| Pozycja | II kw. 2026period end 2026-08-02 | I kw. 2026period end 2026-05-03 | Zmiana | II kw. 2025 | r/r |
|---|---|---|---|---|---|
| Przychody | 47,86 mld | 41,77 mld | +14,6% | 45,28 mld | +5,7% |
| Zysk brutto ze sprzedaży | 16,11 mld | 13,78 mld | +16,9% | 15,12 mld | +6,5% |
| Zysk operacyjny | 6,84 mld | 4,98 mld | +37,3% | 6,55 mld | +4,3% |
| Zysk netto | 4,77 mld | 3,29 mld | +44,9% | 4,55 mld | +4,7% |
| Zysk na akcję | 4,79 | 3,30 | +45,2% | 4,58 | +4,6% |
| C/Z dziś 19,7 | 23,2 | 23,0 | +0,2 | 25,4 | −2,2 |
Tematy
Najczęściej omawiane teraz
- Ann and I are supported by an exceptional leadership team and a dedicated Board and together, Home Depot is wholly focused...
- In terms of its interconnected experience, Home Depot is making progress on a multitude of initiatives including delivery.
- Home Depot has seen greater associate engagement, better customer satisfaction scores and stronger sales.
- In the second quarter, Home Depot saw a broader engagement with 13 of its 16 merchandising departments posting positive comps, including...
- Home Depot's underlying gross margin performance was in line with its expectations.
Zniknęło od I kw. 2026
- Zniknęło Home Depot continues to focus on elevating the shopping experience across all stores and online by optimizing fulfillment options.
- Słabnie As Ann will detail in a moment, Home Depot's associates are providing excellent customer service.
- Słabnie The underlying demand in its business was relatively similar to what Home Depot saw throughout fiscal 2025 despite greater consumer…
- Słabnie Home Depot is also moving more store tasking to its merchandising execution team.
Najnowsze komunikaty
Oficjalne raporty spółki, od najnowszych.
- Director or officer change · SEC 8-K
- Results of operations · SEC 8-K
- Director or officer change; Regulation FD disclosure · SEC 8-K
- Articles or bylaws amended; Shareholder vote results · SEC 8-K
- Results of operations · SEC 8-K
- Results of operations · SEC 8-K
- Articles or bylaws amended; Other events · SEC 8-K
- Regulation FD disclosure · SEC 8-K