Despite a 4.9% sales increase compared to last year’s second quarter, The Home Depot missed analyst expectations for earnings per share and revenue. Sales grew driven by customer demand for smaller home improvement projects, but foreign exchange rates impacted results slightly. CEO Ted Decker highlighted the company’s steady performance, emphasizing continued market share growth thanks to a dedicated workforce. Despite missing Q2 targets, The Home Depot reaffirmed its fiscal 2025 guidance, projecting sales growth of around 2.8% and an operating margin of approximately 13%. The company plans to open new stores, improve operational capabilities, and allocate capital for customer-focused initiatives.