The Home Depot's AI assistant, Magic Apron, has expanded to include localized store knowledge in all U.S. stores to help customers and associates navigate stores more efficiently, quickly find products, ask product-specific questions and get personalized project guidance. Already fielding millions of questions per month, Magic Apron now makes it even easier for customers to get help while they'...
Home Depot's stock is undervalued as investors mistakenly link it solely to new home sales. High mortgage rates are actually fueling a "Home Reno Boom 2.0," as homeowners upgrade existing properties using substantial home equity lines of credit. Additionally, America's aging housing stock necessitates constant repairs, driving demand regardless of market conditions. Recent earnings confirm grow...
Home Depot just launched nationwide three-hour delivery, joining big box competitors Target and Walmart. The move raises the stakes on same-day fulfillment as retailers try to win more e-commerce sales.
US consumers are continuing to spend, but recent results from major retailers suggest they are becoming more selective about where and how they spend their money. Walmart's sharp stock decline following its latest earnings report has added to concerns that higher prices, elevated gasoline costs, and economic uncertainty are increasingly influencing household spending.
ATLANTA, Aug. 20, 2026 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a quarterly cash dividend of $2.33 per share. The dividend is payable on September 17, 2026, to shareholders of record at the close of business on September 3, 2026.
Second quarter results from Home Depot and Lowe's offer perhaps the clearest evidence yet of how a prolonged period of elevated mortgage rates is changing where money flows inside the roughly $1 trillion U.S. home-improvement economy. Homeowners who are reluctant to move are also reluctant to finance expensive renovations.
Home Depot's sales improved during its second quarter as customers focused on smaller projects during the summer months with the U.S. housing sector still mired in a slump.Revenue increased to $47.86 billion from $45.28 billion, edging out the $47.24 billion that Wall Street had expected, according to a survey by FactSet.Globally, sales at stores open at least a year, a key indicator of a retai...