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Tag Archives: natural disaster

Hurricanes Lift Home Depot in Third Quarter

homee

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 »

Lowe’s, Home Depot Open Warehouses in Hurricane-Affected Houston

warehouses

Big-box home improvement retailers Lowe’s and The Home Depot each recently opened warehouses in the Houston area to help meet demand for building materials following Hurricane Harvey, reports the Houston Chronicle. According to the newspaper, Lowe’s signed a lease on a 244,000-square-foot ... Read More »

Lumber Prices Rise After Hurricanes, Political Deadlock

lumber

Recent hurricanes in the southern U.S. and an ongoing political deadlock between the U.S. and Canadian governments threaten to raise the prices of softwood lumber, reports Canadian newspaper The National Post. Earlier this year, the U.S. Department of Commerce claimed ... Read More »