Home Depot Touts Biggest Comps Growth Since 2023, Analysts Remain Bullish
1. Home Depot's second-quarter results showed comp growth of 1.0%, below expectations. 2. Adjusted earnings for the quarter were $4.68, slightly missing consensus estimates. 3. Analysts maintain buy ratings, with price targets ranging from $400 to $455. 4. July showed the strongest comp growth of 3.0% this year. 5. Management maintained full-year sales growth guidance at approximately 2.8%.