The Home Depot, Inc. (NYSE:HD) received clearance from the Canadian Competition Bureau for its tender offer to purchase all outstanding shares of GMS through its subsidiary Gold Acquisition Sub, Inc. This satisfies the remaining antitrust condition for the merger agreement. Q2 2025 results showed sales of $45.3 billion, with a 4.9% YoY increase.

The Home Depot, Inc. (NYSE:HD) reaffirmed its guidance for FY 2025, expecting total sales growth of approximately 2.8% and a gross margin of around 33.4%. While HD presents investment potential, some AI stocks may offer greater upside with less downside risk. An undervalued AI stock benefiting from tariffs and onshoring trend is highlighted in a free report.

Read more at Yahoo Finance: The Home Depot (NYSE:HD) Receives Clearance From The Canadian Competition Bureau