U.S. stocks are on the move | Home Depot (HD.US) rises by over 3.5%, Chief Financial Officer says its Q2 performance is the best in nearly two years

date
20/08/2025
According to the Wisdom Financial APP, on Tuesday, the stock price of Home Depot (HD.US) rose. As of the time of writing, the stock rose over 3.5%, trading at $408.66. Home Depot's second-quarter non-GAAP earnings per share were $4.68, which was $0.01 lower than expected. Revenue was $45.28 billion, an increase of 4.8% year-on-year. Chief Financial Officer Richard McPhail stated that the company's performance was the best in nearly two years. Consumers are increasingly starting small projects, and in 16 sales departments, 12 departments saw an increase in sales. Additionally, the year-on-year trend of sales in each month of the quarter improved, with same-store sales increasing by 0.3% in May, 0.5% in June, and 3.3% in July. He said, "Throughout the quarter, the momentum of growth in our core business areas has continued to strengthen."
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