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Home Depot Hub Helps Young Homeowners Become Better DIYers

Home Depot Hub Helps Young Homeowners Become Better DIYers

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...
Lowe’s Beats Wall Street Earnings Estimate Despite Soft Q2

Lowe’s Beats Wall Street Earnings Estimate Despite Soft Q2

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,...
Home Depot Beats Street in Q2, but Comps, Earnings Slip on Spending Shift

Home Depot Beats Street in Q2, but Comps, Earnings Slip on Spending Shift

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...
Home Depot Sees Slow Going but Continued Opportunity Ahead

Home Depot Sees Slow Going but Continued Opportunity Ahead

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...
Lowe’s Q1 Beats Wall Street Despite Lower Comps

Lowe’s Q1 Beats Wall Street Despite Lower Comps

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...
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