Home Depot Inc. announced that it will open 12 new U.S. retail locations, adding more than 1.6 million square feet of store space to its footprint. The expansion is part of the company’s strategy to strengthen its presence in key markets and support its growing professional‑contractor platform.
The 12‑store plan follows a pattern of steady growth: Home Depot opened 13 new stores in fiscal year 2025 and 12 in fiscal year 2024, while the company had guided for approximately 15 new stores in fiscal year 2026. The current announcement therefore represents a slight shortfall from the 2026 guidance but continues the trend of expanding the retailer’s physical reach.
The new stores will be located in high‑growth regions that span from Southern California to Florida, targeting areas where the professional‑contractor segment is expanding. By adding new retail footprints in these markets, Home Depot aims to improve omni‑channel fulfillment for Pro customers, who rely on in‑store pickup and same‑day delivery to meet project timelines.
While the company has not disclosed the total investment cost or the exact number of jobs that will be created, it has indicated that the expansion will generate thousands of career opportunities. The focus on Pro customers and omni‑channel capabilities is expected to drive higher store traffic and increase the average transaction value for contractors.
Home Depot’s fiscal year 2025 results showed a 3.2 % increase in total sales to $164.7 billion, but a 4.4 % decline in net earnings to $14.15 billion. Management guided for fiscal year 2026 total sales growth of 2.5 % to 4.5 % and comparable sales growth of flat to 2.0 %. The company’s CEO, Ted Decker, said, “For the fourth quarter, our results were largely in‑line with our expectations, reflecting the lack of storm activity in the third quarter and ongoing consumer uncertainty and pressure in housing.” He added that the team is “engaging with our customers and growing market share.”
The expansion underscores Home Depot’s commitment to its professional‑contractor platform and its interconnected retail strategy. By adding new stores in high‑growth markets, the company is positioning itself to capture a larger share of the $450 billion U.S. pro‑contractor market while reinforcing its omni‑channel fulfillment network.
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