Home Depot Warns Weak Housing Market Is Dragging Down Bigger Renovation Plans
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Home Depot Inc. reported Q1 fiscal 2026 sales of $41.77 billion, a 4.8% increase year-over-year, exceeding expectations. However, net earnings fell 4.2% to $3.29 billion, with adjusted EPS at $3.43, above analyst forecasts. Operating income decreased by 3%, and margins also declined. SG&A expenses rose by 5.7%. For more details, visit Benzinga.com.
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