Home Depot Earnings Show Housing Stress for Wall Street
Home Depot left its 2026 outlook unchanged on Tuesday. First-quarter revenue topped Wall Street views, but comparable sales came in below forecasts. The retailer is still seeing little benefit from the housing rebound. Shares edged up before the bell. Home Depot’s numbers give an early sign of whether U.S. homeowners are spending as the retail earnings season ramps up. Lowe’s will report Wednesday. Target and Walmart follow later in the week, and both will show if shoppers are still handling higher prices or starting to cut back.