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Home Improvement Retail

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  • Home Depot quarterly sales rise 5.7 pct Tuesday, 19 Aug 2014 | 6:08 AM ET

    Aug 19- Home Depot Inc, the world's largest home improvement chain, reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter. Home Depot's net income rose to $2.05 billion, or $1.52 per share, in the second quarter ended Aug. 3 from $1.79 billion, or $1.24 per share, a year earlier.

  • Severe winter gives way to hot spring for Home Depot Tuesday, 19 Aug 2014 | 6:00 AM ET
    Pickup trucks leave a Home Depot store in El Cerrito, Calif.

    Home Depot reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter.

  • Stocks rise as US home construction rebounds Tuesday, 19 Aug 2014 | 4:08 AM ET

    The Standard& Poor's 500 index closed within six points of its all-time high Tuesday, less than two weeks after slumping on concerns about rising tensions in Iraq and Ukraine. Home Depot, the nation's largest home improvement retailer, rose after raising its annual profit forecast following a strong spring selling season.

  • Lowe's 3-D room makes remodeling a (virtual) reality Wednesday, 11 Jun 2014 | 11:19 AM ET

    Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.

  • Lowe's posts earnings and revenue miss Wednesday, 21 May 2014 | 6:29 AM ET

    Lowe's posted quarterly earnings and revenue that missed Wall Street expectations Thursday, due in part by a lower tax rate.

  • May 20- Home Depot Inc, the world's largest home improvement chain, said its sales were "robust" in May and that it expected to realize in the current quarter most of the sales lost in the first quarter due to a severe winter in the United States.

  • *AstraZeneca investor protests spurning of Pfizer bid. *Aeroflex jumps, to be acquired by Cobham for $1.46 bln. *Home Depot lost 1.3 percent to $75.52 in premarket trade after the home improvement retailer reported lower-than-expected quarterly sales as its spring selling season got off to a slow start.

  • *Staples, Home Depot fall after earnings. *Aeroflex jumps, to be acquired by Cobham for $1.46 bln. *Home Depot lost 1.6 percent to $75.25 in premarket trade after the home improvement retailer reported lower-than-expected quarterly sales as its spring selling season got off to a slow start.

  • May 20- Home Depot Inc, the world's largest home improvement chain, reported lower-than-expected quarterly sales as its spring selling season got off to a slow start after a severe winter in many parts of the United States. Spring is also an important time for Home Depot as households prepare their gardens and get set for the barbecue season.

  • Home Depot misses forecasts, hurt by slow season Tuesday, 20 May 2014 | 6:24 AM ET
    A customer walks into a Home Depot Inc. store in Peoria, Illinois.

    Home Depot posted quarterly earnings and revenue Tuesday that missed Wall Street expectations, sending shares lower in pre-market trading.

  • Home Depot's first-quarter sales rise 2.9 pct Tuesday, 20 May 2014 | 6:12 AM ET

    May 20- Home Depot Inc, the world's largest home improvement chain, reported a 2.9 percent rise in quarterly sales as its spring selling season got off to a slow start. Home Depot's net income rose to $1.38 billion, or $1.00 per share, in the first quarter ended May 4 from $1.23 billion, or 83 cents per share, a year earlier.

  • Home Depot's fight for sales     Wednesday, 12 Mar 2014 | 8:57 AM ET

    Keoni Queypo, Honolulu Store Manager at Home Depot, and Mike Cunningham, Marina Del Ray Store Manager at Home Depot, discuss employment opportunities available at Home Depot and the competitive business of attracting consumers into their stores.

  • Weber CEO gears up for great grilling season     Wednesday, 12 Mar 2014 | 8:17 AM ET

    Tom Koos, CEO of Weber, discusses the consumer's appetite for spending on their home and talks about their top-selling barbecue products.

  • Remodeling trends for your home     Wednesday, 12 Mar 2014 | 7:43 AM ET

    Keith Allman, Masco CEO, and Jeffrey Lorberbaum, Mohawk Industries CEO, discuss improving trends in home improvement and weigh in on the pulse of the U.S. housing market.

  • Home Depot CEO looks to grow online business     Wednesday, 12 Mar 2014 | 7:20 AM ET

    Frank Blake, chairman & CEO of Home Depot, discusses his company's plans to increase its online orders and accommodate mobile shoppers. Also Blake weighs in on his support of Internet taxes.

  • Home Depot CEO: We need spring to come     Wednesday, 12 Mar 2014 | 7:09 AM ET

    Frank Blake, Chairman & CEO of Home Depot, discusses his company's do-it-yourself extravaganza in Las Vegas, and provides his outlook on the spring selling season. Definitely the cold weather has had an impact on us, says Blake.

  • UPDATE 2-Lowe's outperforms Home Depot in stormy quarter Wednesday, 26 Feb 2014 | 10:13 AM ET

    Feb 26- Lowe's Cos Inc reported strong growth in quarterly sales, showing that the No. 2 U.S. home improvement retailer was narrowing the gap with market leader Home Depot Inc.. Home Depot on Tuesday reported a 3 percent decline in sales in the same period, which was marked by winter storms and record cold in much of North America.

  • Polar vortex heats up Ace Hardware sales     Wednesday, 26 Feb 2014 | 6:53 AM ET

    John Venhuizen, CEO of Ace Hardware, discusses how his company was able to profit from this winter's harsh weather. Our salt business is up 235%, says Venhuizen.

  • Feb 26- Lowe's Cos Inc reported strong sales growth in the fourth quarter, showing that the No. 2 U.S. home improvement retailer was closing in on market leader Home Depot Inc.. The company said its net sales rose 5.6 percent to $11.66 billion in the fourth-quarter ended Jan. 31.

  • Lowe's profit rises 6 pct Wednesday, 26 Feb 2014 | 6:13 AM ET

    Feb 26- Lowe's Cos Inc, the No. 2 U.S. home improvement retailer, reported a 6.3 percent rise in quarterly profit, helped by a nearly 4 percent rise in same-store sales. The company said net income rose to $306 million, or 29 cents per share in the fourth quarter ended Jan. 31 from $288 million, or 26 cents per share, a year earlier. Sales rose 5.6 percent to $11.66 billion.