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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Analyzing Top Home Improvement Categories
New data from market research firm Numerator is revealing the latest insights into key home improvement categories. Take a look at Numerator’s latest findings to learn how you can use up-to-date shopping data to position your home improvement categories for …
Read More »Ace Hardware Posts Record Q1 Financial Results
After confirming record-breaking fiscal year 2020 financial results, Ace Hardware is continuing to reach new heights by posting record first-quarter revenues in 2021. Total revenue for the company hit $2 billion, a 42 percent increase from the first quarter of …
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 »Understanding New DIY Shopping Preferences
Building materials marketing firm Venveo and market research firm The Farnsworth Group are releasing new data highlighting how DIY purchase behaviors have changed in the past year. After surveying nearly 1,000 DIYers, the insight into DIY purchasing and shopping preferences …
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 »5 Social Media Marketing Myths to Bust in 2021
While many retailers were already successfully using social media as part of their marketing strategy, the COVID-19 pandemic shed new light on the importance of having an online presence for any retailer, no matter the industry. Shoppers are using social …
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