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q1 2019 financial results

Exploring Big-Box Q1 2019 Financial Results

Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results.

Learn how each company performed in the articles linked below.

Home Depot Reports Sales Growth for First Quarter

“We were pleased with the underlying performance of the core business despite unfavorable weather in February and significant deflation in lumber prices compared to a year ago,” says Craig Menear, Home Depot chairman, CEO and president.

Lowe’s Reports $17.7B in Q1 2019 Sales

“Our first-quarter comparable sales performance is a clear indication that the consumer is healthy and our focus on retail fundamentals is gaining traction. Our commitment to improving in-stocks and customer service coupled with our focus on winning with the pro customer were integral to driving improved sales,” says Marvin Ellison, Lowe’s president and CEO.

About Todd Taber

Todd is trends editor for Hardware Retailing magazine. He graduated from Indiana University where he majored in journalism and French. Throughout his career, he has aimed to highlight small businesses and their community value. He joined NRHA in 2017.

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