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Tag Archives: big box

Analyzing Q2 2021 Big-Box Sales

BIG-BOX SALES

Investigating big boxes’ second-quarter sales can help every independent home improvement operator position their own operations for success. Take a look at the latest financial reports from Home Depot, Lowe’s and Tractor Supply to learn how each has fared during …

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Lowe’s Reports $27.6B in Q2 2021 Sales

lowe's

Lowe’s has announced its second-quarter 2021 financial results, confirming $27.6 billion in net sales for the period. The figure represents a 1.1 percent increase over the same period in 2020. The company reported net earnings of $3 billion, a 7 …

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Home Depot’s Q2 2021 Sales Reach $41B

home depot

Big-box home improvement chain Home Depot announced $41.1 billion in second-quarter 2021 sales, an 8.1 percent increase from the same period in 2020. The second-quarter sales represent record quarterly sales for the company. Comparable sales for the company increased 4.5 …

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Home Depot Continues $1.2B Supply Chain Investment

home depot

Big-box chain Home Depot has announced the opening of a new distribution center in Baltimore. The new 800,000 sq. ft. facility is designed to improve delivery to customers throughout the region. Stephanie Smith, senior vice president of supply chain for …

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Home Depot and Lowes Set Sights on Pros

A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …

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Tractor Supply Co. Reports Record Q2 Earnings

tractor supply

Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …

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Home Depot and Lowes Set Sights on Pros

home depot and lowe's

A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …

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Lowe’s Names New Chairman of Board of Directors

Lowe's chairman

Marvin Ellison, Lowe’s president and CEO, has added an additional role to his job duties and will now also serve as the chairman of the board. Ellison, who joined the company in July 2018 as president, chief executive officer and …

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