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 …
Read More »Tag Archives: big box
Lowe’s Names New Chairman of Board of Directors
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 …
Read More »Home Depot, Lowe’s Announce Q1 2021 Sales Results
A new article from The Wall Street Journal explores the heights home improvement has reached since the start of the COVID-19 pandemic. Both Home Depot and Lowe’s posted their second-highest sales figures since the start of 2020, demonstrating ongoing home …
Read More »Lowe’s Q1 2021 Sales Reach $24.4B
After announcing $89.6 billion in fiscal year 2020 sales, big-box home improvement chain Lowe’s is reporting first-quarter net sales of $24.4 billion, up 23.9 percent from the same period in 2020. Net earnings for the company stood at $2.3 billion, …
Read More »Walmart Q1 2021 Revenue Reaches $138.3B
Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …
Read More »Home Depot Q1 2021 Sales Hit $37.5B
After reporting $130 billion in fiscal year 2020 sales, big-box home improvement chain Home Depot is reporting $37.5 billion in first-quarter 2021 sales. The first-quarter sales total is an increase of roughly $9.2 billion, or 32.7 percent from the same …
Read More »Tractor Supply Co. Reports $2.8B in Q1 2021 Sales
Tractor Supply Co. is reporting $2.8 billion in first-quarter sales, a 42.5 percent jump from the same period in 2020. Previously, the company reported $2.8 billion in fourth-quarter 2020 sales and net sales of $10.6 billion for the year. In …
Read More »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 …
Read More »