Home Depot issues cautious outlook for fiscal 2026

The Home Depot has released a restrained preliminary outlook for its 2026 financial year, indicating that it does not expect a near-term rebound in the housing market. For fiscal 2026, the Atlanta-headquartered company forecasts comparable sales to range from flat to an increase of up to 2%. Total sales are projected to rise by between 2.5% and 4.5%. The retailer is targeting an operating margin of 12.4% to 12.6%, with adjusted operating margin estimated at 12.8% to 13%. Diluted earnings per share are ...