Home Depot stock climbs after earnings beat and dividend hike, but 2026 outlook keeps traders wary
Home Depot shares climbed about 3% Tuesday after reporting quarterly earnings and revenue above analyst forecasts and raising its dividend to $2.33 per share. Fourth-quarter sales fell 3.8% to $38.2 billion, with net earnings of $2.6 billion. The company projected modest sales growth for fiscal 2026. Investors await Lowe’s results on Feb. 25 for further signals on the sector.