Home Improvement Retail
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May 22- No. 2 home improvement chain Lowe's Cos Inc reassured investors that sales trends improved significantly in April and May after seeing a weak start to the spring selling season. Like its larger rival Home Depot Inc, Lowe's said it was seeing strong sales to contractors.
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Budd Bugatch, Raymond James & Associates, breaks down the retailer's higher-than-expected quarterly profits and takes a look ahead at its growth prospects.
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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.
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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.
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Lowe’s has been rising with the recovery in the housing market, and yesterday the home-improvement chain saw some bullish option activity.
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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.
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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.
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David Strasser, Janney Capital Markets analyst, and Peter Keith, Piper Jaffray analyst, discuss the play on Home Depot's earnings.
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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.
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Looking for the perfect location for your new retail business? Consider setting up shop inside a "big box" retail store.
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Christopher Horvers, JPMorgan retail analyst, and Daniel Binder, Jefferies & Co research analyst, break down the Q1 earnings and outlook on the home retailer.
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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.
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Mad Money's Jim Cramer explains why Stanley Black & Decker shares got pounded after delivering disappointing headline numbers, but defends the stock by pointing out to investors that the company's fundamentals are much better than the big sell-off indicates.
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Michelle Meyer, BofA Merrill Lynch senior U.S. economist, discusses the upward trend in home renovation; what it signals about the housing recovery; and how to trade it, with the Fast Money traders.
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Man caves? Jacuzzis? Great rooms? Who needs them? Big, fancy and expensive are out; small, utilitarian and frugal are in. Oh, and so is the outdoors!
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Jim Cramer’s researcher, Nicole Urken, shows examples of divergence among stocks in the same sector.
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A look at the best stock plays to profit off a pickup in home building, with John Kasprzak, BB&T Capital Markets.
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You can count on these five names no matter what’s happening in Europe, the “Mad Money” host says.
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Despite the European debt crisis, there are still companies you can count on, like Home Depot, the “Mad Money’ host says.
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A look at unusual activity in Home Deport stock, and a preview of HD's earnings and break down of Lowe's numbers, with Scot Ciccarelli, RBC Capital Markets, and how to play it, with the Fast Money Traders.
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The "Mad Money" host and his researcher, Nicole Urken, discuss how investing is not a science, it's an art.