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fiscal year 2020 financial results

Inside Big Boxes’ Fiscal Year 2020 Sales Results

2020 was a year of sales momentum for the home improvement market. As COVID-19 forced millions of people across the world to stay at home, they begin to see new potential for their living spaces and finally had the time to tackle lingering DIY projects.

Now, big-box chains Home Depot and Lowe’s are shedding light on their fourth-quarter and fiscal year 2020 financial results, revealing exactly how that DIY momentum translated into retail sales. Take a moment to explore the latest financial reports from both companies to evaluate the home improvement market as you strategize for success in 2021.

Home Depot Announces $132B in 2020 Sales

Lowe’s Reports $89B in 2020 Sales

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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