As part of the deal announced by the Justice Department and Environmental Protection Agency, the North Carolina- based home improvement retailer also pledged to adopt a compliance program for dealing with lead paint during the renovation programs offered through its more than 1,700 stores.» Read More
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.
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.
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.
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.
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.
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.
Brian Nagel, Oppenheimer senior equity analyst, breaks down the fourth quarter numbers for the home improvement retailer, and explains why he would pick Home Depot over Lowe's. Both companies are positioned to profit from pent-up demand as the weather warms, says Nagel.
It all depends on when the weather cracks, says Brian Nagel, Oppenheimer & Co. analyst, providing perspective on how retailers like Home Depot and Lowe's will likely weather the harsh winter.
At least one analyst at Target pushed for an investigation into payment systems after government and industry reports.
Chris Waits, Mid-South Regional VP at Home Depot, shares some winterizing tips for homeowners and explains how the brutal weather has impacted snow supplies.
The seller of gadgets, wine accessories, and furniture is in talks with firms about investing. The WSJ reports.
No. 2 home improvement chain Lowe's reported a rise in quarterly profit and raised its outlook for the current fiscal year on Wednesday.
Nov 19- A recovery in the U.S. housing market helped Home Depot Inc to top profit and sales estimates for the third quarter, prompting the No. 1 home improvement chain to raise its fiscal-year outlook for the third time this year on Tuesday. Home Depot has also improved distribution, cut costs and tailored marketing and merchandising efforts to local markets.
Home Depot CEO Frank Blake discusses his efforts to improve the veterans' lives and homes. He also weighs in on housing around the world and changes that may be made surrounding health care for his company's employees.
CNBC's Sheila Dharmarajan breaks down why home improvement companies are seeing double digits while home building stocks have lost ground.
Laura Champine, Canaccord Genuity, breaks down the company's quarterly numbers, and weighs in on what's driving profits.
Budd Bugatch, Raymond James, dissects the home improvement company's Q2 earnings beat of $0.88 EPS on revenues of $15.7 billion.
Lowe's second-quarter net income rose 26 percent, as the retailer and rival Home Depot were buoyed by the housing market's recovery.
Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.