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Tag Archives: financials

Lowe’s Reports Q2 Sales, Names New CFO

Lowe's

Many changes are coming to Lowe’s. Today, the big-box retailer reported its second-quarter sales and earnings. The company also announced its decision to close all Orchard Supply Hardware stores, named its newest executive and revealed its strategic plans moving forward. …

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Home Depot Q2 Earnings Show Higher Sales, Increase in Online Shopping

Home Depot Q2 Earnings

The Home Depot today announced its second-quarter 2018 financial results, citing sales increases due to a boost in activity among DIYers and contractors. The big-box home improvement chain earned $30.5 billion in sales during the second quarter of fiscal 2018, which …

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Consumer Spending on Retail Increased in June

consumer spending

The U.S. Department of Commerce announced that consumer spending on retail sales, which includes spending at stores, websites and restaurants, rose 0.5 percent in June from May’s figure, The Wall Street Journal reports. Consumer spending, contributes more than two-thirds to …

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Sears Hometown to Close Up to 100 Stores

sears hometown

Sears Hometown and Outlet Stores Inc. will close up to 100 of its 882 stores, the company announced in its first-quarter 2018 financial results. Sears Hometown and Outlet Stores is a Sears spinoff company that mainly sells appliances, hardware, tools …

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5 Financial Points You Should Be Watching

When it comes to the financial side of your business, are you paying close attention to the metrics that have a large impact on your bottom line? Below are five ways participating in the North American Retail Hardware Association’s (NRHA) …

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Lowe’s Grows Net Earnings in First Quarter

lowe's

Lowe’s released its first-quarter 2018 financial results on May 23, reporting net earnings of $988 million. The company released this information the day after naming Marvin Ellison as the new president and CEO of Lowe’s, effective July 2. The quarterly results represent …

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Ace Hardware Sees Q1 Revenue Increases, ‘Record Sales Growth’

Ace Hardware

Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …

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Home Depot Reports Increase in Sales During First Quarter

home depot

Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home …

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