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.
Lowe's CEO Robert Niblock says store traffic slowed more than anticipated in August and September.
Lowe's, Target and Disney stocks are making moves this morning before the opening bell.
This is messy, says Brian Nagel, Oppenheimer & Company, breaking down Lowe's quarterly results which posted EPS of $0.88 Adj on revenues of $15.739 billion.
Home Depot's earnings report brings light to an otherwise gloomy retail environment, CNBC's Jim Cramer says.
Home Depot, Southwest Airlines, American Airlines, and Harley-Davidson are making among the stocks grabbing headlines today.
It's another very solid report, says Brian Nagel, Oppenheimer & Company, breaking down Home Depot's quarterly results, which posted EPS of $1.60 per share on revenues of $23.2 billion.
CNBC's Landon Dowdy takes a look at what the Street will be watching when Home Depot reports quarterly results.
CNBC's Joe Kernen took the lead from his wife when it came to revamping her childhood home for their own modern family, Architectural Digest reports.
The autonomous in-store robot will perform similar jobs as a store associate at select Lowe's locations.