Thomas Taylor, Floor & Decor CEO, discusses the company's initial public offering, growth and outlook.
The "Fast Money" traders step into the retail space to discuss their favorite stocks.
Concerns after the company expressed doubt about its future as a retailer.
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...
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.
Feb 21- Home Depot Inc, the world's largest home improvement chain, reported higher-than-expected profit and sales helped by a strong housing market in the United States and set a $15 billion share repurchase plan. Home Depot's net earnings rose to $1.74 billion, or $1.44 per share, in the fourth quarter, from $1.47 billion, or $1.17 per share, a year earlier.
Brian Nagel, Oppenheimer analyst, breaks down Home Depot's quarterly results which posted EPS of $1.44 on revenues of $22.207 billion. The home improvement retailer also announces a new $15 billion share buyback program and increases its quarterly dividend 29-percent.
Feb 21- Home Depot Inc, the world's largest home improvement chain, reported a 5.8 percent rise in quarterly sales on Tuesday as more customers visited its stores in the United States, and said it would repurchase share worth $15 billion. The Atlanta, Georgia- based company's net earnings rose to $1.74 billion, or $1.44 per share, in the fourth quarter ended Jan. 29,...
Citigroup, Walt Disney, and Lowe's stocks are making headlines this Monday on Wall Street.
CNBC's Diana Olick reports the home improvement giant has been on a run since more Americans are putting money into their homes instead of moving out.
Jan 12- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, is expected to cut "less than 1 percent" of its workforce in the near future, CNBC reported on Thursday, citing a person familiar with the matter. Lowe's had about 180,000 full-time and 90,000 part-time employees as of Jan 29, 2016. "While we have no announcements to share, we continually evaluate our staffing...
Jan 12- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, is expected to cut "less than 1 percent" of its workforce in the near future, CNBC reported on Thursday, citing a person familiar with the matter. The company is also said to change its store staffing model and reshuffle the roles and responsibilities of some of its staff, CNBC reported. Lowe's had about 180,000...
In order for retailers to survive, they will need a new strategy to keep up with consumers' changing habits, an expert tells CNBC.
Buying a home can end up costing many times the sticker price in goods, services and fees, so ownership might not make sense for everyone.
Wendy's, Southwest Airlines, and Lowe's stocks are making headlines on Wall Street today.
Retail memberships are on the rise, but an expert explains to CNBC the steps consumers should take to figure out if it works for them.