The Home Depot (HD) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
21 May, 2026Opening remarks and agenda
Meeting opened with a business update, financial review, formal business session, and Q&A planned.
Forward-looking statements and non-GAAP measures were noted, with risks referenced in SEC filings.
Financial performance review
Fiscal 2025 sales reached $164.7 billion, up 3.2% from the prior year.
Net earnings were $14.2 billion; diluted EPS decreased 4.6% to $14.23.
Adjusted diluted EPS was $14.69, down 3.6% year-over-year.
Generated $16.3 billion in net cash from operations; $9.2 billion paid in dividends.
Capital expenditures totaled $3.7 billion; quarterly dividend increased 1.3% to $2.33 per share.
Board and executive committee updates
Board members and independent auditor KPMG were introduced.
Board composition and nomination process described, emphasizing diversity and annual elections.
Latest events from The Home Depot
- Sales up 4.8% to $41.8B; adjusted EPS down 3.7%; 2026 guidance reaffirmed.HD
Q1 202722 May 2026 - 2025 sales rose 3.2% with stable demand; 2026 targets 2.5%-4.5% growth and flat to 4% EPS.HD
Q4 202610 Apr 2026 - Strategic Pro market expansion and AI investments position for growth as demand rebounds.HD
J.P. Morgan Retail Round Up Forum 20269 Apr 2026 - Shareholders to vote on directors, auditor, compensation, charter changes, and ESG proposals.HD
Proxy filing7 Apr 2026 - Annual meeting covers director elections, auditor ratification, and key ESG proposals.HD
Proxy filing7 Apr 2026 - Annual meeting covers director elections, compensation, charter changes, and key shareholder proposals.HD
Proxy filing23 Mar 2026 - Repair and maintenance demand is strong, while large projects lag amid low housing turnover.HD
Goldman Sachs 31st Annual Global Retailing Conference3 Feb 2026 - Q2 sales up 0.6% to $43.2B; SRS added $1.3B; comps down 3.3%; FY24 EPS to decline 1%-3%.HD
Q2 20251 Feb 2026 - Q3 sales up 6.6% to $40.2B, but comps and EPS declined amid SRS growth and macro pressures.HD
Q3 202514 Jan 2026