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Home Improvement Retail

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  • 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.

  • Lowe's rides improving housing market to strong 3Q Wednesday, 19 Nov 2014 | 6:55 AM ET

    MOORESVILLE, N.C.— Lowe's third-quarter earnings jumped 17 percent as home improvement retailers continue to rebound from a tough start to the year, reaping gains from a nascent recovery in the housing market. The company also raised its full-year forecast a day after rival Home Depot reported a 14 percent jump in third-quarter earnings.

  • 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...

  • Home Depot tops Street; breach costs still hazy Tuesday, 18 Nov 2014 | 6:06 AM ET

    The company has a $100 million insurance policy for breach-related expenses, according to Chief Financial Officer Carol Tome. For the three months ended Nov. 2, Home Depot earned $1.54 billion, or $1.15 per share. That dragged down the earnings of home improvement retailers, yet Home Depot appears to be distancing itself from those early rough months, beating...

  • 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.

  • Sept 23- Data breach at home improvement retailer Home Depot Inc has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street Journal said.

  • BOSTON/ CHICAGO, Sept 18- Home Depot Inc Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year's unprecedented breach at Target Corp..

  • Sept 18- Home improvement retailer Home Depot Inc said 56 million card details were likely stolen in a data breach between April and September at its stores in the United States and Canada. Criminals used unique, custom-built malware to evade detection in the breach, the company said.

  • Sept 9- Home improvement retailer Home Depot Inc has been sued over data breach by a customer, saying the company failed to properly safeguard customer data from hackers, a lawsuit filed in a Chicago federal court showed on Tuesday.

  • Sept 9- Home improvement retailer Home Depot Inc has been sued over data breach by a customer, saying the company failed to properly safeguard customer data from hackers, a lawsuit filed in a Chicago federal court showed on Tuesday.

  • CNBC.com personal finance reporter Kelli B. Grant explains the steps Home Depot shoppers should take after the national chain confirmed a data breach occurred at its stores as far back as April.

  • NEW YORK, Sept 9- Shares of Home Depot Inc are down 0.6 percent in heavy premarket trading on Tuesday, a day after the home improvement retailer confirmed that its payment security systems had been breached. Home Depot's breach was first reported earlier this month. Peer retailer Lowe's Companies Inc is up almost 2 percent in September.

  • Sept 8- Home improvement retailer Home Depot Inc confirmed on Monday that its payment security systems have been breached, which could impact customers using payment cards at its stores in the United States and Canada. Home Depot, however, said it has found no evidence that personal identification numbers have been compromised, it said in a statement.

  • Sept 8- Home improvement retailer Home Depot on Monday confirmed its payment systems were breached, potentially impacting customers using payment cards at its U.S. and Canadian stores. While the full scope of the breach was yet to be determined, there was no evidence that debit PIN numbers were compromised, Home Depot said in a statement.