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Home Depot Surges on Smaller Repairs | Spokane News
Home Depot crushed Q2 earnings, smashing Wall Street expectations with $47.86 billion in sales—up 5.7%—as homeowners pivot to smaller, budget-friendly projects like painting and yard work instead of pricey kitchen remodels. High interest rates are chilling big-ticket spending, but everyday home upkeep is keeping sales steady—and reshaping the housing market. The company’s rolling out nationwide Express Delivery for fast turnaround on essentials, betting on a future wave of upgrades as the average U.S. home ages past 40 years. Despite CEO Ted Decker’s temporary medical leave, Home Depot stays…
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