by Mike Duff | Aug 24, 2023 | Retail Articles
The Home Depot wants to help young homeowners reduce their dwelling-related stress by becoming better-informed do-it-yourselfers. The company has launched a New Homeowners Hub to equip the next generation of current and future first-time householders with resources...
by Mike Duff | Aug 22, 2023 | Home + Housewares
Lowe’s chief Marvin Ellison, in reporting a second-quarter earnings beat for the retailer while revenues fell a bit short of expectations, said the outlook for the home improvement market is improving. Net earnings were $2.67 billion, or $4.56 per diluted share,...
by Mike Duff | Aug 15, 2023 | Retail Articles
Home Depot beat Wall Street second-quarter financial estimates, although consumers wary of discretionary spending in an uncertain economy took on smaller do-it-yourself projects while making fewer large remodeling commitments. Net earnings for the second quarter of...
by Mike Duff | Jun 13, 2023 | Retail Articles
At its 2023 Investor and Analyst Conference, The Home Depot discussed key strategic priorities and provided a market stability base case built on its analysis of opportunities available. The Market Stability Base Case rests on a company analysis of sector conditions...
by Mike Duff | May 23, 2023 | Retail Articles
Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...