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Tag Archives: Canada

Home Depot, Lowe’s Announce Q3 2019 Financial Results

q3 2019 financial results

Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …

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Lowe’s Announces Q3 2019 Financials, New Canadian Strategy

canadian strategy

Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …

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Ontario Retailer Taps New Potential

asselstine hardware

Every home improvement retailer knows finding a niche—an area where they can focus and excel—is critical. Some business owners search high and low for a stellar assortment of products to captivate customers, others become specialists in home services to augment …

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Lumber Prices Show Unseasonable Drop

lumber prices

Though lumber prices usually rise in the spring, a new report from The Wall Street Journal says bad weather and a decline in homebuilding have caused lumber prices to drop just one year after they reached record highs. The article …

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Lowe’s Announces Q4 2018 Financial Results

lowe's

In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …

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Home Hardware Announces Leadership Team Changes

Home Hardware, Canada’s largest dealer-owned hardware, lumber and building materials retailer, is announcing new changes to its leadership team, the company announced in a press release. Effective Jan. 7, Marianne Thompson will serve as the company’s vice president, merchandise LBM. …

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Benchmark Your Business With 2018’s Market Measure

market measure

Click the picture to download a PDF of this story. The Industry’s Annual Report While 2018 has shaped up to be another relatively strong year for sales in the home improvement industry, we may be facing a perception problem that …

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Home Hardware Names New President and CEO

home hardware

Kevin Macnab has been named Home Hardware Stores Limited’s new president and CEO and will assume his duties effective Oct. 10, according to the company. Macnab has more than 30 years of omnichannel retail experience. He has previously served as …

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