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.» Read More
A "strong holiday lineup" of new products propelled Williams-Sonoma to better-than-expected quarterly earnings, company CEO Laura Alber told CNBC.
Home Depot expects 3 percent growth in 2013, the same it saw in 2012 as economic growth remains steady, CEO Frank Blake told CNBC.
After a difficult January, when shoppers first felt the effect of a payroll tax hike that lowered take-home pay by 2 percent, some retailers got a little relief in February from growing employment and a rising stock market.
Stocks are up as Bears are not yet in control of the narrative. There were no surprises from Bernanke, though he did give a rather spirited defense of QE and low interest rates.
CNBC's Diana Olick takes a look at what home buyers purchase at home improvement stores as well as the types of features they're expecting in a home.
Brian Nagel, Oppenheimer analyst, breaks down the fourth quarter results on the home improvement retailer of $0.26 vs. $0.23 ESP on revenues of $11 billion.
Next week is the biggest one of the earnings season for the retailers. While each will have different nuances, and wrap up the key holiday quarter, Wall Street will be focused on the sales forecast for the current quarter.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Following a 66-percent rise in Home Depot shares and a 45-percent run in Lowe’s stock during the past year, one analyst said the rivals’ stocks are now trading at very similar valuations.
Budd Bugatch, Raymond James & Associates, breaks down the retailer's higher-than-expected quarterly profits and takes a look ahead at its growth prospects.
The "Squawk on the Street" news crew reports on today's market-moving stories, including a look at Home Depot's earnings beat; JC Penney's turnaround plan; and a leadership change at Microsoft.
The home improvement retailer reported Q3 EPS of $0.74 vs. $0.70 est. on revenues $18.1 billion. Brian Nagel, Oppenheimer & Co. analyst explains how the company is benefiting from an improving housing market.
Lowe’s has been rising with the recovery in the housing market, and yesterday the home-improvement chain saw some bullish option activity.
Following a weak earnings report from Lowe’s, one analyst advised investors to refrain from viewing the release as a weakening in home improvement retail and instead look into rival Home Depot’s shares.
Although U.S. retail sales posted strong gains Tuesday on the heels of Home Depot's better-than-expected quarterly profit, one analyst forecast a tougher spending environment in the second half of the year.
David Strasser, Janney Capital Markets analyst, and Peter Keith, Piper Jaffray analyst, discuss the play on Home Depot's earnings.
Brian Nagel, Oppenheimer analyst, breaks down the numbers on the big box store, which reported earnings per share of $1.01 versus $0.97 estimates, on revenues of $20.6 billion.
Looking for the perfect location for your new retail business? Consider setting up shop inside a "big box" retail store.
Christopher Horvers, JPMorgan retail analyst, and Daniel Binder, Jefferies & Co research analyst, break down the Q1 earnings and outlook on the home retailer.
Home Depot reports Q1 comp store sales rose 6.1% in the U.S., while revenue came in light at $17.808 billion vs. $17.957 billion estimate. Laura Champine, Canaccord Genuity Securiites, breaks down the first quarter numbers on HD, and discusses the outlook on home improvement in the retail space.