HD · News · 20261019N

Gross Margin Drivers

HOME DEPOT, INC. · 2026-10-19 · Importance 31 · Surprise 42

Recent tariff refunds boosted Home Depot’s gross margin. Management expects other costs to offset the tariff-related benefit for the full year. Fulfillment-speed initiatives, including nationwide Express Delivery, have become a greater strategic priority than global sourcing and tariff concerns.