Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.» Read More
*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 posted quarterly earnings and revenue Tuesday that missed Wall Street expectations, sending shares lower in pre-market trading.
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.
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.
Tom Koos, CEO of Weber, discusses the consumer's appetite for spending on their home and talks about their top-selling barbecue products.
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.
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.