Why Is HOME DEPOT INC (HD) Stock Moving Today?

Home Depot Inc. (HD) stock is moving 2.0% higher in early trading after the home improvement retailer reported better-than-expected earnings and announced a new service expansion. The stock opened with a gap up from the prior close of $337.88 to $344.59, with volume so far at 0.1M shares. The move follows a Q2 earnings report that showed rising comparable sales and reaffirmed full-year guidance.

What Happened

Home Depot reported Q2 2026 net sales of $47.86B, exceeding the estimated $47.33B. Comparable sales rose 1.7%, with U.S. comparable sales up 1.3%. The company also reaffirmed its FY2026 adjusted EPS guidance of $14.69-$15.28 and its GAAP EPS guidance of $14.23-$14.80. In addition, the company announced a nationwide rollout of its Express Delivery service, which leverages 2,000+ U.S. stores for fast fulfillment. The service is available for a small flat fee and does not require a subscription or membership. The CEO noted that while consumers remain hesitant on large renovation projects, they are willing to tackle smaller ones, which aligns with the company’s current sales trends.

What The Data Shows

The stock opened 2.0% higher but has traded in a narrow range since, reaching a high of $345.50 and a low of $342.15. The current price of $344.80 is near the opening level. Volume so far is 0.1M shares, which is 0.0x the 3-month daily average. The stock has declined 4.0% over the last 8 sessions, from $353.14 to $338.86. Recent unusual options activity includes one notable print, with a put premium of $324K. Social chatter on X shows 11 posts in the last 24 hours and 14 in the last 7 days. Congressional trades in the last 90 days include 18 buys and 17 sells, with the most recent filing on August 17.

What To Watch

Home Depot has no scheduled earnings date in the near term. Investors should monitor the breadth of coverage and any follow-up analyst commentary as the earnings season continues.