New York, Feb 9, 2026, 14:02 EST — Regular session
- Home Depot shares slipped in afternoon trading, trailing behind a stronger U.S. market.
- Investors have their eyes on a string of U.S. inflation and jobs data set for release this week, with Home Depot’s quarterly numbers coming up on Feb. 24.
- The retailer’s upcoming update is set to intensify the debate over the timing of a rebound in big-ticket home improvement spending.
Home Depot (HD) slipped 1.3% to $380.30 Monday afternoon, lagging behind a broader market that pushed upward.
Home Depot’s decline is significant right now, positioned as it is at the crossroads of housing and consumer spending. Shifts in rates and home turnover tend to spark rapid changes in appetite for major home projects — and with that, spring sales forecasts can swing fast.
Macro numbers this week keep jostling rate expectations—no surprise there. Mortgage rates feel the impact, and so do housing-related stocks, headline or not.
Lowe’s slipped roughly 0.9%. Meanwhile, key U.S. equity benchmarks tracked gains: SPDR S&P 500 ETF advanced about 0.6%, and Invesco QQQ, packed with Nasdaq names, gained close to 0.9%.
Home Depot’s next big moment comes with its fourth-quarter 2025 earnings on Feb. 24 at 9:00 a.m. ET. Investors want to hear how sales are holding up between pro contractors and DIY buyers, plus any signs that ticket sizes and store traffic might be picking up ahead of the key spring season.
First up on the U.S. schedule: the Labor Department plans to release January’s Employment Situation report this Wednesday, Feb. 11, at 8:30 a.m. ET. Then, the Consumer Price Index for January will follow on Friday, Feb. 13, also at 8:30 a.m. ET.
Home Depot has cautioned investors not to count on a rapid recovery. Back in December, the retailer projected fiscal 2026 comparable sales—those from locations open at least a year—would range from flat to a 2% increase, with adjusted earnings per share tracking anywhere from flat to up 4%. “We’re focused on growing sales and delivering exceptional shareholder returns,” CEO Ted Decker told investors, while CFO Richard McPhail made housing the key variable: “We believe that the pressures in housing will correct.” Home Depot Investor Relations
But there’s a clear risk in that forecast—if housing activity remains sluggish through spring, shoppers could keep putting off the bigger remodels that drive sales and margins higher. That could force the market to cut expectations again.
Traders are watching Wednesday’s jobs report, along with inflation numbers due Friday. Home Depot’s next hurdle comes Feb. 24—earnings day, when the retailer updates investors on demand heading into spring.
