Image source: The Motley Fool. Wednesday, May 20, 2026 at 9 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Marvin R. Ellison Executive Vice President, Merchandising — William P. Boltz Executive Vice President, Stores — Joseph M. McFarland III Executive Vice President, Chief Financial Officer — Brandon J. Sink Vice President, Investor Relations — Shelly Hubbard TAKEAWA...
Image source: The Motley Fool. Wednesday, May 20, 2026 at 9 a.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Marvin R. Ellison Executive Vice President, Merchandising — William P. Boltz Executive Vice President, Stores — Joseph M. McFarland III Executive Vice President, Chief Financial Officer — Brandon J. Sink Vice President, Investor Relations — Shelly Hubbard TAKEAWAYS Sales -- $23.1 billion, representing 10.3% growth driven by seasonal execution and gains in Pro, Appliances, Online, and Home Services. -- $23.1 billion, representing 10.3% growth driven by seasonal execution and gains in Pro, Appliances, Online, and Home Services. Comparable Sales -- Increased 0.6%, marking four consecutive quarters of positive comps with February down 1.4%, March up 2.1%, and April up 0.5% as weather normalized. -- Increased 0.6%, marking four consecutive quarters of positive comps with February down 1.4%, March up 2.1%, and April up 0.5% as weather normalized. Adjusted Diluted EPS -- $3.03, up 3.8%, with a $2.90 GAAP diluted EPS reflecting a $96 million pretax charge from acquisition-related amortization. -- $3.03, up 3.8%, with a $2.90 GAAP diluted EPS reflecting a $96 million pretax charge from acquisition-related amortization. Gross Margin -- 32.7%, down 70 basis points due to the dilutive impact of FBM and ADG acquisitions, partially offset by higher credit revenue. -- 32.7%, down 70 basis points due to the dilutive impact of FBM and ADG acquisitions, partially offset by higher credit revenue. SG&A Expense Ratio -- 19.2% of sales, an improvement of 17 basis points, attributed to cost discipline and the accretive impact of acquisitions. -- 19.2% of sales, an improvement of 17 basis points, attributed to cost discipline and the accretive impact of acquisitions. Adjusted Operating Margin -- 11.5%, down 43 basis points as expected, reflecting acquisition mix and investments in productivity initiatives. -- 11.5%, down 43 basis points as expected, refle...