Rural lifestyle chain Tractor Supply Co. reports record sales and profits in the third quarter of 2020, including a 31.4 percent rise in net sales during the period. In total, net sales for the three-month period ending Sept. 26 amounted …
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Existing Home Sales Rise 9.4% in September
Existing home sales rose 9.4 percent in September over August levels, reports the National Association of Realtors (NAR). The rise in September sales marks the fourth consecutive month of existing home sales growth. In total, 6.5 million existing homes were …
Read More »PPG Reports $3.7B in Q3 Net Sales
Pittsburgh-based paint manufacturer PPG has reported its third-quarter 2020 financial results, recording $3.7 billion in net sales, a 4 percent drop from the same period in 2019. Net income from continuing operations for PPG hit $442 million. Selling prices rose …
Read More »Latest Houzz Data Highlights Home Improvement Strength
New data from home renovation and design platform Houzz suggests the home improvement market has recovered to pre-pandemic activity levels, reporting the strongest construction activity since the third quarter of 2018. “The results from the Houzz Q4 Renovation Barometer show …
Read More »Third-Party Sales Surge During Amazon Prime Day
Amazon says small and medium-size businesses were the big winners during the company’s 2020 Prime Day event, traditionally one of the biggest online shopping days of the year. Third-party sellers on Amazon, which include many small enterprises, surpassed $3.5 billion …
Read More »NFIB Data Shows Small Business Optimism Rebounding
New data from the National Federation of Independent Business shows the small business labor market continued to improve in September amid the COVID-19 pandemic. According to NFIB’s monthly jobs data, 10 percent of small business owners reported increasing employment an …
Read More »Webinar: Charting COVID-19’s Home Improvement Impact
The North American Hardware and Paint Association (NHPA) recently hosted an in-depth webinar on the impact COVID-19 has had on the home improvement channel. Sponsored by Epicor, the webinar was an opportunity for all members of the home improvement industry …
Read More »New Data Reveals What’s Motivating DIY Projects
New data from market research firm Consumer Specialists is shedding light on exactly how COVID-19 has impacted DIYers’ home improvement habits. The report is based on research conducted by Consumer Specialists with a nationally representative sample of more than 600 …
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