Home Depot reported total sales of $41.8 billion for the first quarter of fiscal 2026. Sales increased 4.8% over the same period last year. Net earnings fell to $3.3 billion. Earnings per diluted share reached $3.30. This marks a decline from the $3.4 billion reported one year ago.
Global comparable sales grew by 0.6%. U.S. comparable sales increased by 0.4%. Customer transactions declined by 1.3%. The average ticket size increased during the quarter.
CEO Ted Decker cited consumer uncertainty and housing affordability pressures as primary drivers. The company reaffirmed its financial guidance for the full fiscal 2026 year. Investors are monitoring the results for broader insights into the discretionary retail sector.