Shares of one sector have tumbled, but fundamentals in the segment make the stocks appealing on weakness, a strategist said.» Read More
Clearly the execution is not up to par, says Chris Horvers, JPMorgan Chase senior analyst, breaking down the numbers on Lowe's quarterly results.
May 20- Lowe's Cos Inc, the No.2 U.S. home improvement chain by sales, reported a 7.9 percent rise in quarterly profit as an improving job market encouraged Americans to spend on renovations. The company's net income rose to $673 million, or 70 cents per share, in the first quarter ended May 1 from $624 million, or 61 cents per share, a year earlier. Net sales rose 5.4...
Jim Lowell, chief investment officer at Adviser Investments, says Wall Street shares were in a "holding pattern" ahead of the release of minutes from the Fed's previous policy meeting.
May 19- Home Depot Inc, the world's largest home improvement chain by sales, reported better-than-expected quarterly profit and sales as customers in North America spent more on home repairs after a harsh winter. Several northeastern parts of the United States experienced heavy snowfall this winter, with cities including New York, Chicago and Boston hit with...
May 19- Home Depot Inc, the world's largest home improvement chain by sales, reported a 14.5 percent rise in quarterly profit as customers in North America spent more on home repairs after a harsher-than-usual winter. The company's net income rose to $1.58 billion, or $1.21 per share, from $1.38 billion, or $1.00 per share, a year earlier. Net sales rose to $20.89...
Effective immediately, home improvement retailer Lumber Liquidators will not longer sell laminate flooring made in China, reports CNBC's Scott Cohn.
Embattled Lumber Liquidators says the Justice Department has informed the company it is seeking criminal charges over its foreign sourcing.
How home improvement websites are pushing customers to retailers and professionals, with CNBC's Diana Olick.
*A.P. MOLLER-MAERSK down 10 pct on dividend pay. LONDON, March 31- European shares extended gains on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher after announcing it planned to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home-improvement retailer were up nearly 5 percent...
LONDON, March 31- European shares edged higher in early trading on Tuesday and headed for their best quarterly performance in several years, with Kingfisher leading the market higher following its plans to sell about 60 B&Q stores in Britain. Shares in Europe's biggest home improvement retailer were up 4.6 percent after the announcement of store closure...
Lumber Liquidators has sent thousands of customers free "idiot-proof" formaldehyde test kits to customers, NBC News reports.
Home improvement and housing are finally positioned to take off this year, Jeffrey Lorberbaum tells CNBC.
Lowe's posted quarterly earnings and revenue that topped Wall Street expectations Wednesday, sending shares higher in premarket trading.
Kermit Baker, AIA chief economist, and Scott McGillivray, HGTV's "Income Property," discuss the rise in remodeling among home owners and an outlook on the spring selling season.
Home Depot reported a jump in quarterly profit, but warned the strong dollar would weigh on full-year results.
Matt Ehrlichman, Porch chairman & CEO, explains how his company helps homeowners tackle some of their biggest problems... finding the best professional contractors.
Membership fees have helped Costco beat its profit estimates for the first quarter, but will cheaper fuel benefit the retailer's sales? Brian Nagel, retail analyst at Oppenheimer & Co thinks it's a possibility.
Richard Hunter, head of U.K. equities at Hargreaves Lansdown says that Kingfisher's Q3 earnings were rather "uninspiring".
Lowe's delivered quarterly earnings and revenue that topped analysts' expectations.
Yosef Shiran, Caesarstone CEO, discusses the latest craze in home remodeling - replacing countertops with quartz.