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Tag Archives: financials

Exploring Big-Box Q1 2019 Financial Results

q1 2019 financial results

Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results. Learn how each company performed in the articles linked below. Home Depot Reports Sales Growth for First Quarter “We were pleased with the underlying ... Read More »

Home Depot Reports Sales Growth for First Quarter

home depot

The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up ... Read More »

Lowe’s Reports $17.7B in Q1 2019 Sales

marvin ellison

Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell ... Read More »

Ace Hardware Sees Income, Revenue Growth in First Quarter

Ace Hardware

First-quarter 2019 was a period of growth for Ace Hardware Corp.  The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million ... Read More »

U.S. Economy Grows 3.2% in Q1 2019

U.S. Economy

The U.S. Department of Commerce announced that the country’s gross domestic product (GDP) had risen by an annual rate of 3.2 percent in the first quarter of 2019, according to The New York Times. GDP is the “broadest measure of ... Read More »

Sears Sues Former CEO Edward Lampert

edward lampert

Sears Holdings Corp. is suing its former CEO and the hedge fund he manages for allegedly funneling $2 billion in assets from the retailer, according to the Chicago Tribune. Sears claims that Edward Lampert, the company’s former CEO, “systemically picked ... Read More »

U.S. Retail Sales Rise in March

The U.S. Department of Commerce says retail sales in March grew at the fastest pace since late 2017, according to an article from CNBC. In total, retail sales increased at a seasonally adjusted rate of 1.6 percent, the strongest monthly ... Read More »

How I Did It: Doing Store Expansion Smart

In 1998, Jeff Paladino purchased his family’s 4,500-square-foot hardware store nestled in a shopping mall in Milton, New York. His family had owned several businesses over the years before taking on a local hardware store. A switch into hardware seemed ... Read More »