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Tag Archives: financials

Home Depot Readies $15B Share Buyback

share buyback

During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 ... Read More »

The Costly Competition to Land Amazon’s HQ2


On Oct. 19, Amazon received 238 proposals from regions across North America, all competing to become the home of HQ2, Amazon’s second headquarters. Landing HQ2 was an enviable prospect for politicians and business leaders across the country. Amazon says it ... Read More »

Financial Checklist for Business Growth

Business growth can be a frightening proposition. Change, risk and unknowns are all part of the equation, and there’s no guarantee that everything will work out the way you hope. However, it’s necessary if you want to continue to be ... Read More »

Better Than 2016: Lowe’s Sales Hit $16B in Q3


2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 ... Read More »

True Value Sees Comparable Store Sales Increases in Third Quarter

true value

True Value Co. released its third-quarter financial results Nov. 16, reporting a 3.3 percent increase in comparable store sales. The co-op also reports comparable sales at Destination True Value stores are up 4.2 percent. “We are very pleased to see these ... Read More »

Ace Hardware’s Revenue Up Again in Q3

Ace Hardware

Ace Hardware Corp. reported growth in revenue and net income for the third quarter of 2017. The cooperative released its financial results Nov. 16, calling revenues of $1.34 billion a record for the company. Revenue for the quarter grew 9.1 percent ... Read More »

Hurricanes Lift Home Depot in Third Quarter


In its third-quarter financial results released Nov. 14, The Home Depot says sales related to hurricanes “positively impacted comparable store sales growth by approximately $282 million.” The big-box home improvement retailer beat analysts’ projections for its overall sales and its comparable store sales ... Read More »

Amazon Incentives: How Much Is Too Much?


As Amazon continues its search for a second headquarters somewhere in North America, the Los Angeles Times Editorial Board advises local and state governments to conduct a thorough economic analysis and get binding commitments before making final agreements with the ... Read More »