Home Depot

Canadian retail shows resilience and strategic growth with expansions, AI-driven transformations, and evolving consumer behaviours amid economic challenges.

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Home Depot Canada outperformed the broader company in Q2 as comparable sales, transactions and unit growth improved despite a subdued housing market.

At the end of the first quarter, the company operated a total of 2,361 retail stores and over 1,280 SRS locations across all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.

At the end of the first quarter of fiscal 2026, the company operated 2,361 retail stores and more than 1,280 SRS locations across the United States, Puerto Rico, the U.S. Virgin Islands, Guam, all 10 Canadian provinces and Mexico.

The initiative follows its 2025 campaigns, which raised $2.9 million.

The dual-channel expansion extends Go Lime's reach to millions of Canadian households.

Net earnings for fiscal 2025 were $14.2 billion, or $14.23 per diluted share, compared with net earnings of $14.8 billion, or $14.91 per diluted share in fiscal 2024.

The 80,000-square-foot Home Depot building is anticipated to open in Q2/Q3 2026 and will employ approximately 150 associates

As of the end of Q1, The Home Depot operated 2,350 retail stores and more than 790 branches across all 50 U.S. states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces, and Mexico.

The Home Depot is the world's largest home improvement specialty retailer.

At the close of the third quarter, The Home Depot’s retail presence spanned 2,345 stores and over 780 branches across North America, including the U.S., Canada, and Mexico