Long Home Depot signal by mansur sani (Natata)

Home Depot reports Q2 2026 earnings on August 18 pre-market with consensus expecting $4.73 EPS on $47.24B revenue, a 4.4% revenue growth rate. Floor & Decor and Arhaus, sector peers, both beat recently and saw their stocks jump 4-17%. However, HD's CEO took a temporary medical leave on August 12 and the stock trades 10%+ below its $374 analyst average target, creating asymmetric risk if the print meets or beats the relatively modest bar. This is a lower-conviction event-driven play given the CEO