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Home Depot Beats Q4 Expectations Even as Housing Market Remains Challenged

Home Depot reported fourth‑quarter sales of $38.2 billion, a 3.8% year‑over‑year decline, yet the results beat analyst expectations. Net income slipped 14.2% to $2.6 billion and operating income fell 14.4%, reflecting pressure from a sluggish housing market. Full‑year sales rose 3.2% to $164.7 billion, with modest comparable‑sales gains, as consumers favored repairs over larger renovation projects. The retailer reaffirmed FY2026 guidance for 2.5‑4.5% sales growth, flat‑to‑up‑2% comps, and plans to open 15 new stores.