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Specialty Retail Home Improvement Retail

  • CHICAGO, May 25- Best Buy Co Inc reported an unexpected rise in first-quarter comparable sales and the No. 1 U.S. electronics retailer said it planned to save $600 million in costs by the end of fiscal 2021, sending shares to an 11- year high on Thursday. The Richfield, Minnesota- based Best Buy, like home-improvement chain Home Depot Inc, has benefited as an improving...

  • May 24- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported quarterly profit and comparable sales that missed analysts' estimates, in contrast to the strong results reported by larger rival Home Depot Inc last week. This led to weak sales of outdoor products such as plants and patio furniture, which typically made up about 35 percent of the company's...

  • May 24- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported quarterly profit and comparable sales that missed analysts' estimates, in contrast to the strong results reported by larger rival Home Depot Inc last week. Lowe's shares were down 4 percent at $79 in premarket trading on Wednesday. Lowe's is trying to catch up with Home Depot's lead on...

  • May 24- U.S. stock index futures were little changed on Wednesday ahead of the Federal Reserve releasing the minutes of its May meeting that will help investors gauge the chances of a rate hike next month. *Shares of Lowe's fell 4.4 percent to $78.75 in premarket trading after the No. 2 U.S. home improvement chain reported a lower-than-expected profit and...

  • May 24- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported lower-than-expected quarterly profit and comparable sales, sending its shares down 7 percent in premarket trading on Wednesday. Net income fell to $602 million, or 70 cents per share, in the first quarter ended May 5, from $884 million, or 98 cents per share, a year earlier. Lowe's recorded a $464...

  • Lowe's reports earnings miss on top and bottom line

    Brian Nagel, Oppenheimer senior analyst, breaks down Lowe's quarterly results which reported an EPS miss of $1.03 on revenues of $16.860 billion versus $16.959 billion Est. Relative to other retailers, Lowe's is a really well-run company, says Nagel.

  • May 24- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported lower-than-expected quarterly comparable sales, sending shares down almost 6 percent in premarket trading on Wednesday. Net income fell to $602 million, or 70 cents per share, in the first quarter ended May 5, from $884 million, or 98 cents per share, a year earlier. Lowe's recorded a $464 million...

  • NEW YORK— Home-improvement retailer Lowe's posted a profit Wednesday that didn't impress Wall Street, results that came in stark contrast to those of its rival Home Depot. Lowe's shares slumped after reporting its profit fell 32 percent to $602 million, or 70 cents per share in the quarter that ended May 5. One analyst suggested those figures were not as bad as...

  • Home Depot employee helps a customer as she shops in the paint department at the store in Miami.

    Home Depot reported first-quarter earnings before the bell on Tuesday that topped Street expectations.

  • *Shares hit record high at $160.83. The company's shares rose about 2 percent to hit a record high of $160.83 in morning trading on Tuesday, after the No. 1 U.S. home improvement chain also said second-quarter sales were off to a good start. Home Depot and smaller rival Lowe's Cos Inc have remained a bright spot in the retail sector as a firming economy and higher wages...

  • Baby Boomers fueling home renovations: Pro

    Nino Sitchinava, Houzz principal economist, discusses what's prompting the increase in home renovations and which areas of the country are engaging in the most home improvement projects.

  • Floor & Decor CEO on IPO

    Thomas Taylor, Floor & Decor CEO, discusses the company's initial public offering, growth and outlook.

  • A family shops at the Walmart Supercenter in Springdale, Arkansas.

    The "Fast Money" traders step into the retail space to discuss their favorite stocks.

  • Fears of a Sears bankruptcy are reignited

    Concerns after the company expressed doubt about its future as a retailer.

  • Costco will not be delivered right to your door

    A delivery service announced Tuesday it will start making runs to Costco to pick up orders for customers.

  • LONDON, March 22- Home improvement retailer Kingfisher beat forecasts with an 8.3 percent rise in annual profit, with a resilient sales performance in Britain outweighing a softer French market which it remains cautious about. The firm, which trades as B&Q and Screwfix in Britain and Castorama and Brico Depot in France and other markets, said on Wednesday it...

  • *Shares rise as much as 11.4 pct to $82.85. March 1- Lowe's Cos Inc forecast 2017 sales that topped estimates and reported better-than-expected quarterly comparable sales and profit, helped by a robust housing market that encouraged Americans to spruce up their homes or buy new ones. Shares of the No. 2 U.S. home improvement retailer rose as much as 11.4 percent to...

  • A Lowe's employee walks through the store during the grand opening of the Lowe's store in San Francisco, California.

    Brian Nagel, Oppenheimer senior analyst breaks down Lowe's quarterly numbers and whether it signals a turnaround for the company as it narrows its gap between competitor Home Depot.

  • March 1- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported a 19.3 percent rise in holiday quarter revenue on Wednesday, boosted by a strong U.S. housing market. The Mooresville, North Carolina- based company's net earnings increased to $663 million, or 74 cents per share, in the quarter, from $11 million, or 1 cent per share, a year earlier.

  • *Wal-Mart's shares were up 1.5 percent at $70.42 in premarket trading after the world's largest brick-and-mortar retailer reported a higher-than-expected rise in comparable store sales. *Home Depot rose 1.63 percent to $145.33 after the home improvement store chain reported better-than-expected results and set a $15 billion buyback program.