Matt Ehrlichman, Porch chairman & CEO, explains how his company helps homeowners tackle some of their biggest problems... finding the best professional contractors.» Read More
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.
Customer data could have been stolen from nearly all of Home Depot Inc's stores in the United States, according to new info from KrebsonSecurity.
Aug 20- Home improvement chain Lowe's Cos Inc reported a 5.6 percent rise in quarterly sales as more people undertook home renovation projects after a prolonged winter. Net income rose to $1.04 billion, or $1.04 per share, in the second quarter ended Aug. 1, from $941 million, or 88 cents per share, a year earlier. Revenue rose to $16.59 billion from $15.71 billion.
Lowe's delivered second-quarter earnings that topped Wall Street's expectations, but the retailer trimmed its outlook for full-year sales growth.
Aug 19- Home Depot Inc, the world's largest home improvement chain, said it expected same-store sales to grow faster in the second half of the year as customers furnish new houses and renovate existing ones in a recovering housing market.
Aug 19- Home Depot Inc, the world's largest home improvement chain, reported a better-than-expected 5.8 percent rise in same-store sales as customers spent more on home repairs after a severe North American winter. Analysts had expected Home Depot's same-store sales to rise 4.4 percent, according to research firm Consensus Metrix.
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.
Home Depot reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter.
Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.
Lowe's posted quarterly earnings and revenue that missed Wall Street expectations Thursday, due in part by a lower tax rate.
Home Depot posted quarterly earnings and revenue Tuesday that missed Wall Street expectations, sending shares lower in pre-market trading.
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.
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.
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.