Home Depot’s spring drop

Home Depot rolled out a timed “spring countdown” promotion described as its first‑ever spring countdown that bundles more than $250 worth of curated products as part of its Spring Starts push. (parade.com) The Spring Starts sale is running across categories — NBC highlighted specific promotional prices including a Ring Indoor Cam for $34.99, a Ryobi 40V walk‑behind mower for about $589, and a Shark Rocket vacuum at $99. (nbcnews.com) At its investor update, Home Depot issued a preliminary fiscal‑2026 outlook calling for comparable‑sales growth of approximately flat to 2% and total‑sales growth of roughly 2.5% to 4.5%. (corporate.homedepot.com) For the fourth quarter of fiscal 2025 the company reported $38.2 billion in sales, a 3.8% year‑over‑year decline, while comparable sales in the period increased 0.4%. (ir.homedepot.com) Company finance leaders said a weak housing market and affordability pressures are causing consumers to delay large remodels and opt for smaller projects, a trend the CFO flagged on the February earnings call. (realtor.com) Housing activity metrics cited by analysts showed transactions down and large remodels under pressure — Axios noted housing transactions fell about 6.3%, reinforcing why big‑ticket projects remain muted. (axios.com) Home Depot has been accelerating its push into pro‑grade channels, completing the $18.25 billion acquisition of SRS Distribution in June 2024 to boost contractor supply capabilities. (ir.homedepot.com) The company also closed its purchase of GMS through SRS — an acquisition reported at roughly $5.5 billion — as part of a strategy to grow professional and B2B sales while retail DIY demand softens. (ir.homedepot.com)