Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-18T11:30:55+00:00
Home Depot (HD) beat Wall Street's metrics across the board in the second quarter as its customers focused on smaller projects. Revenue grew by nearly 6% in the quarter to $47.9 billion, above the $47.3 billion analysts forecast, per Bloomberg estimates. Adjusted earnings grew 0.2% to $4.79, more than the $4.73 predicted. "We saw broad based demand across the business as customers continued to engage in smaller projects," CFO Richard McPhail said in the release. McPhail and senior executive vice president Ann-Marie Campbell are temporarily leading the company whileCEO Ted Deckertakes medical leave. Home Depot stock rose 2% in premarket trading following the results. Customers visited Home Depot less frequently during the quarter but spent more when they did. Same-store sales increased 1.7%
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.