Free · no account · quoted from the filing

What changed in HD's 10-Q

Source: 10-Q filed 2026-05-27 · compared against 10-Q 2025-11-25. Every passage below is quoted verbatim from the filing itself.

Financial performance

This filing

GMS, which was acquired on September 4, 2025 contributed $1.3 billion of net sales during the first quarter of fiscal 2026

Margins

This filing

Gross profit margin was 33.0% for the first quarter of fiscal 2026 compared to 33.8% for the first quarter of fiscal 2025

Comparable sales

This filing

Total comparable sales for the first quarter of fiscal 2026 increased 0.6%

Liquidity and cash flows

This filing

used to fund $2.3 billion in cash dividends, repay $1.4 billion of long-term debt, and repay $1.0 billion of net commercial paper borrowings

Dividend

This filing

announced a 1.3% increase in our quarterly cash dividend to $2.33 per share

Tariff disclosure

This filing

we cannot predict with certainty their ultimate impact on our business in future periods

ROIC

This filing

Our ROIC for the trailing twelve-month period was 25.4% at the end of the first quarter of fiscal 2026

What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.