$HD

Tractor Supply (TSCO) trades at 16.7x forward 12-month earnings versus a 5-year median of 22.9x, but Zacks notes earnings estimates have fallen. Fiscal 2026 consensus is $1.93 per share, down from $2.06 in 2025, and the company guides adjusted 2026 earnings to $1.90-$2.00. Comparable sales are expected -1% to flat; cash flow and buybacks continue.

Home Depot said it is restructuring leadership to support its growth strategy to gain home improvement market share. The company will align responsibilities across merchandising, loyalty, finance, Pro and technology. Fran Bell, appointed earlier as EVP and CTO, will oversee store, supply chain and Pro product technology, integrating agentic AI and machine learning.

Lululemon (LULU), Wendy’s (WEN), and Home Depot (HD) fell to 52-week lows on Monday. LULU dropped over 3% to $128.93 intraday, amid slowing Americas sales and leadership/CEO concerns. WEN slid to $6.52 after plans to close 5% to 6% of restaurants and weaker outlook. HD hit $312.26 intraday on housing and cost pressures despite beating quarterly estimates.

A July 1 federal class action in Virginia alleges Home Depot sells customers’ personal information, including names, contact details, and purchase histories, to third parties without notice or consent, citing violations of Virginia’s Personal Information Privacy Act. The suit focuses on Home Depot’s Orange Apron Media retail advertising unit. Home Depot has not been found liable.

Evercore raised its 2026 home improvement category growth estimate to 2% from 1%, citing stronger first-half results. It said the Home Improvement Lead Indicator fell to 2.8% in June, while first-half Census category sales rose 3.9%. Evercore kept its second-half view unchanged and prefers SHW and HD, with Wayfair as higher-beta.

HD Construction Equipment said it signed power purchase agreements totaling 12.4 MWp for its Incheon plant, to lift renewable electricity share from 19% to 43.9% by Jan 2027. It also targets 42% at Ulsan and 53.1% at Gunsan, raising domestic-site average from 22% to 40.3% and cutting annual GHG by 22,155 tons, per the company.

U.S. stock index futures fell early Tuesday as investors weighed inflation concerns, a 30-year Treasury yield near 5%, and Middle East geopolitical developments. Traders were cautious ahead of Nvidia’s Q1 earnings. The piece also highlights company-specific catalysts for NVDA, GOOGL, META, HD, HIMS, and others, including HD’s Stifel price-target cut to $320 from $375.

St. John Properties Inc. said it sold a 13.52-acre parcel to The Home Depot for its first Southern Maryland store at Lexington Exchange, a 140-acre mixed-use community in St. Mary’s County. The development includes about 120,000 sq ft flex/R&D and 65,000 sq ft retail, with plans to market additional pad sites. The deal adds Home Depot to existing tenants including ALDI, Royal Farms, Chipotle and RC Theatres.

After the Supreme Court struck down most of Trump’s tariffs in February, companies are receiving refunds from the government. Amazon said it received about $600M in Q2 refunds and will automatically refund some customers. Apple estimated up to $2.2B, Ford $1.3B, GM $500M, and Nike nearly $1B. Lawmakers and consumers are urging firms to share refunds.

HD Fire Protect Ltd plans an October IPO, with institutional roadshows underway, according to people familiar with the matter. The issue is entirely an offer for sale of 2.6 crore equity shares by promoters, with no fresh issue, so proceeds go to selling shareholders. The company makes fire protection equipment and systems and targets growth in Saudi Arabia and Southeast Asia, per draft papers.