Home Depot says sales could pick up if U.S. housing activity recovers

Home Depot has projected fiscal 2026 sales growth of 2.5% to 4.5%, up from prior guidance, but said meaningful upside depends on a recovery in U.S. housing activity. The retailer noted that current weakness in home-improvement demand and soft real estate trends continue to weigh on performance. Management flagged housing recovery as key to boosting renovation spending and large-ticket project volumes.