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Home DepotNew location

Pros continue to outperform DIY shoppers at Home Depot

What happened

Home Depot plans to open 15 new stores during the year.

Source

retaildive.comAug 18, 2026By Caroline Jansen

Pros continue to outperform DIY shoppers at Home Depot

Article excerpt

The segment is still the “clearest opportunity to drive growth” at the home improvement retailer even as it beat its own expectations in Q2. While consumers continue to engage in smaller projects, Home Depot executives said demand for larger home improvement projects remains pressured by ongoing consumer uncertainty and a soft housing market. While the sector is showing early signs of improvement, with home sales up 2.2% in Q2, according to GlobalData research, consumers are still skittish to take on larger, more expensive projects. While smaller projects undertaken were up 1.5% year over year - representing “a step change from the declines of previous periods,” according to GlobalData Managing Director Neil Saunders - larger projects were down over 2% in Q2. “Concerns around financing and a previous lack of moving activity both remain major drags on the bigger-ticket segment,” Saunders said. Home Depot has been making investments in its Pro segment, which has historically outperformed the DIY segment. Last month, the retailer expanded its Pro Xtra rewards program, adding partner offers with companies like 7-Eleven, Tecovas and Rosie’s AI Answering Service. Home Depot has also made a string of acquisitions geared toward Pros, including SRS Distribution and GMS Inc. And despite the broader sector’s challenges, Home Depot beat its own expectations in the second quarter, with...

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Extracted from this sentence

Home Depot projects gross margin to be 33.1%, and it plans to open 15 new stores during the year.

Extracted by Autobound

From the Signal API record
Event
New location

What this signalsA new site often needs local vendors and services.

More new location signals at other companies

The full record

From the Signal API record

Extraction

Confidence
90%
Detected
Aug 18, 2026
signal_type
news
signal_subtype
opens_new_location

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d8e54ee9-d9c4-bf88-e9b2-250e56cd3b9b returns this record as JSON. POST /v1/companies/enrich returns every signal for homedepot.com.

{
  "signal_id": "d8e54ee9-d9c4-bf88-e9b2-250e56cd3b9b",
  "signal_type": "news",
  "signal_subtype": "opens_new_location",
  "detected_at": "2026-08-18T16:10:00+00:00",
  "company": {
    "name": "Home Depot",
    "domain": "homedepot.com"
  },
  "data": {
    "url": "https://www.retaildive.com/news/home-depot-pros-outperform-diy-shoppers-q2-earnings/828159/",
    "title": "Pros continue to outperform DIY shoppers at Home Depot",
    "author": "Caroline Jansen",
    "excerpt": "The segment is still the “clearest opportunity to drive growth” at the home improvement retailer even as it beat its own expectations in Q2. While consumers continue to engage in smaller projects, Home Depot executives said demand for larger home improvement projects remains pressured by ongoing consumer uncertainty and a soft housing market. While the sector is showing early signs of improvement, with home sales up 2.2% in Q2, according to GlobalData research, consumers are still skittish to take on larger, more expensive projects. While smaller projects undertaken were up 1.5% year over year - representing “a step change from the declines of previous periods,” according to GlobalData Managing Director Neil Saunders - larger projects were down over 2% in Q2. “Concerns around financing and a previous lack of moving activity both remain major drags on the bigger-ticket segment,” Saunders said. Home Depot has been making investments in its Pro segment, which has historically outperformed the DIY segment. Last month, the retailer expanded its Pro Xtra rewards program , adding partner offers with companies like 7-Eleven, Tecovas and Rosie’s AI Answering Service. Home Depot has also made a string of acquisitions geared toward Pros, including SRS Distribution and GMS Inc . And despite the broader sector’s challenges, Home Depot beat its own expectations in the second quarter, with...",
    "summary": "Home Depot plans to open 15 new stores during the year.",
    "planning": true,
    "image_url": "https://imgproxy.divecdn.com/7jYTcsq9EjOeakP8zPbvymUcp8Ixiixy6YwaYtwjmf8/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9Ib21lRGVwb3RUcnVjazEucG5n.webp",
    "confidence": 0.9,
    "published_at": "2026-08-18T16:10:00Z",
    "article_sentence": "Home Depot projects gross margin to be 33.1%, and it plans to open 15 new stores during the year."
  }
}

Long text fields are shortened on this page.

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