Home Depot's Q2 2025 Results Show Steady Growth and Updates

Home Depot's Q2 2025 Performance Overview
The Home Depot, the world's largest home improvement retailer, reported remarkable financial results for the second quarter of fiscal 2025. The company achieved total sales of $45.3 billion, reflecting an increase of $2.1 billion, or 4.9%, compared to the same period last year. Such growth emphasizes Home Depot's resilience and commitment to providing value to its customers.
Sales Growth and Comparable Sales
For the second quarter, Home Depot observed a 1.0% increase in comparable sales. Notably, comparable sales in the U.S. climbed by 1.4%. Despite global economic shifts, the company's strong performance indicates robust consumer engagement in home improvement projects.
Net Earnings and Earnings Per Share
Net earnings for the quarter were recorded at an impressive $4.6 billion. The diluted earnings per share stood at $4.58, showing slight variance from the previous year’s figures, where net earnings also reached $4.6 billion, with $4.60 per diluted share. In terms of adjustments, the company reported adjusted diluted earnings per share of $4.68, up from $4.67 last year, indicating a stable improvement.
CEO Comments on Performance
Ted Decker, chair, president, and CEO of Home Depot, expressed satisfaction with the results, stating, "Our second quarter results were in line with our expectations. The momentum that began in the back half of last year continued throughout the first half as customers engaged more broadly in smaller home improvement projects." His remarks underscore the company's forward momentum and dedication to enhancing customer experiences.
Fiscal 2025 Guidance Reaffirmed
Looking forward, Home Depot reaffirmed its fiscal 2025 guidance, projecting total sales growth of approximately 2.8%. The company expects comparable sales growth to be around 1.0% for the equivalent 52-week period. This guidance includes plans for approximately 13 new store openings, aiming for a gross margin around 33.4% and an operating margin of around 13.0%.
Financial Highlights:
- Total sales growth of approximately 2.8%
- Comparable sales growth approximately 1.0%
- Gross margin of approximately 33.4%
- Operating margin around 13.0%
- Adjusted operating margin estimated at around 13.4%
- Net interest expense projected at approximately $2.2 billion
Store Operations and Employment
At the end of the quarter, Home Depot operated 2,353 retail stores along with over 800 branches in diverse locations across various regions. The company prides itself on employing over 470,000 associates, delivering exceptional service and product offerings to its vast customer base.
Conclusion
These results not only highlight Home Depot's financial stability but also reinforce its position as a leader in the home improvement sector. As the company continues to strive for excellence, its commitment to its customers and associates remains at the forefront.
Frequently Asked Questions
What were Home Depot's total sales for Q2 2025?
The Home Depot reported total sales of $45.3 billion for the second quarter of fiscal 2025.
How much did Home Depot's net earnings reach?
The company's net earnings for the quarter were $4.6 billion, maintaining the previous year's levels.
What is the adjusted diluted earnings per share for Q2 2025?
Adjusted diluted earnings per share for the second quarter were reported at $4.68.
How many new stores is Home Depot planning to open?
Home Depot plans to open approximately 13 new stores as part of its fiscal 2025 projections.
What is Home Depot's projected sales growth for fiscal 2025?
The company is forecasting a total sales growth of approximately 2.8% for fiscal 2025.
About The Author
Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.