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Home Improvement Retail

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  • Rising home prices mean more renovations: Pro  Tuesday, 24 Feb 2015 | 8:05 AM ET

    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 profit rises 36%, warns on currency Tuesday, 24 Feb 2015 | 7:15 AM ET
    A customer purchases the last available generator at a Home Depot Inc. store in Secaucus, New Jersey.

    Home Depot reported a jump in quarterly profit, but warned the strong dollar would weigh on full-year results.

  • Feb 24- Home Depot Inc, the world's No.1 home improvement chain, reported a better-than-expected rise in quarterly same-store sales said it would buy back $18 billion of its shares. The company's $18 billion share buyback replaces a $17 billion buyback authorized in 2013.. U.S. homebuilders remain upbeat about market conditions, according to a survey by the...

  • Home Depot 4Q tops Street on holiday; OKs $18B buyback Tuesday, 24 Feb 2015 | 6:24 AM ET

    NEW YORK— Shoppers liked what they saw at Home Depot during the holidays, helping the home improvement chain beat Wall Street expectations for its fourth-quarter results. The Atlanta- based company posted a fourth-quarter profit of $1.38 billion, or $1.05 per share, for the period ended Feb. 1. Excluding a gain related to the sale of a portion of HD Supply, its profit...

  • Porch secures $65 million in Series B funding  Tuesday, 20 Jan 2015 | 6:52 AM ET

    Matt Ehrlichman, Porch chairman & CEO, explains how his company helps homeowners tackle some of their biggest problems... finding the best professional contractors.

  • CHICAGO, Dec 18- Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers. An uptick in last-minute shopping trips on the all-important weekend before Christmas is likely to benefit consumer electronics chains like Best Buy and home improvement retailers...

  • Costco retail sales benefiting from cheaper fuel?  Wednesday, 10 Dec 2014 | 5:50 AM ET

    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.

  • *Q3 UK/ Ireland lfl sales up 2.6 pct, France down 4.0 pct. LONDON, Nov 25- Kingfisher, Europe's biggest home improvement retailer, cautioned investors on Tuesday against expecting a quick recovery in France, the market that contributes more than half its profits. In its 2014 budget, the French government hit consumers with higher income and sales taxes to try and...

  • Kingfisher reports 'uninspiring' earnings  Tuesday, 25 Nov 2014 | 4:30 AM ET

    Richard Hunter, head of U.K. equities at Hargreaves Lansdown says that Kingfisher's Q3 earnings were rather "uninspiring".

  • LONDON, Nov 25- Kingfisher, Europe's No. 1 home improvement retailer, posted an 11.8 percent decline in third quarter profit, hurt by a weak French market and foreign currency movements. The firm, which trades as B&Q and Screwfix in Britain and Castorama and Brico Depot in France, said on Tuesday it remained cautious on the outlook, especially in France, and would...

  • Kingfisher profit held back by tough French market Tuesday, 25 Nov 2014 | 2:12 AM ET

    LONDON, Nov 25- Kingfisher, Europe's No. 1 home improvement retailer, posted an 11.8 percent decline in third quarter profit, hurt by a tough French market and foreign currency movements. The firm, which trades as B&Q and Screwfix in Britain and Castorama and Brico Depot in France, said on Tuesday it made a retail profit of 225 million pounds in the 13 weeks to Nov. 1.

  • UPDATE 3-Lowe's raises fiscal-year profit, sales forecasts Wednesday, 19 Nov 2014 | 10:15 AM ET

    Nov 19- Lowe's Cos Inc, the No. 2 U.S. home improvement chain, on Wednesday raised its fiscal-year profit and sales forecasts as an improving job market encourages home owners to increase spending on renovations. Lowe's raised its full-year profit forecast to $2.68 per share from $2.63. Wall Street was expecting $55.78 billion.

  • Lowe's earnings beat; boosts full-year forecast Wednesday, 19 Nov 2014 | 7:55 AM ET
    An employee works in the paint department at a Lowe's store in Louisville, Kentucky.

    Lowe's delivered quarterly earnings and revenue that topped analysts' expectations.

  • Nov 18- Home Depot Inc, the world's No.1 home improvement chain, reported better-than-expected quarterly sales as an improving job market encouraged Americans to spend more on renovations. The retailer is facing at least 44 civil lawsuits related to the breach in the United States and Canada. Home Depot's net income rose to $1.54 billion, or $1.15 per share, in...

  • Nov 18- Home Depot Inc, the world's No.1 home improvement chain, reported a better-than-expected quarterly profit as an improving job market encouraged Americans to spend more on renovations. The retailer is facing at least 44 civil lawsuits related to the breach in the United States and Canada. Home Depot's net income rose to $1.54 billion, or $1.15 per share, in...

  • Home Depot quarterly profit rises 14 pct Tuesday, 18 Nov 2014 | 6:09 AM ET

    Nov 18- Home Depot Inc, the world's largest home improvement chain, reported a 14 percent rise in quarterly profit as an improving job market encouraged Americans to spend more on renovations. Net income rose to $1.54 billion, or $1.15 per share, in the third quarter ended Nov. 2, from $1.35 billion, or 95 cents per share, a year earlier. Net sales rose 5.4 percent to...

  • Quartz, latest building craze  Friday, 7 Nov 2014 | 7:21 AM ET

    Yosef Shiran, Caesarstone CEO, discusses the latest craze in home remodeling - replacing countertops with quartz.

  • Nov 6- Home Depot Inc, the world's largest home improvement chain, said hackers stole about 53 million email addresses in addition to customer data for 56 million payment cards previously disclosed by the retailer. Home Depot, which had estimated that the theft would cost about $62 million, was one of a string of U.S. retailers attacked by hackers over the past year.

  • Nov 6- Home Depot Inc, the world's largest home improvement chain, said about 53 million email addresses were stolen during a recent breach of its payment data systems, in addition to some 56 million payment cards previously disclosed by the retailer. Home Depot, which had estimated that the breach would cost about $62 million, was one of a string of U.S. retailers...

  • Flushed with ideas, toilets enter the 21st century Thursday, 30 Oct 2014 | 8:27 AM ET
    Various functions are available on the washlets that Toto Ltd. sells. The Japanese are seen as innovators in toilet technology.

    Bathroom breaks are getting a bit more luxurious as home appliance makers bring new features to the most basic of fixtures.