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Tag Archives: financials

Recession Created Frugal, Reluctant Spenders

Despite the fact that the recession has turned around and is showing growth in certain sectors, consumer morale remains low, which can be seen in the slow start to the holiday season. McKinsey & Company, a multinational management consulting firm, surveys …

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Small Business Owners Optimistic of Future

small business week awards

For the first time since 2008, small business owners are the most optimistic and upbeat they’ve been since the start of the great recession, according to the latest Wells Fargo/Gallup Small Business Index. According to a press release covering the …

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Sears Third Quarter Results Show Struggles

store closures

Sears Holdings announced its third quarter results, which posted a loss of $548 million on $7.2 billion in revenue, according to an article from The New York Times. Additionally, the company has been seeking to raise money, and it may sell some of its …

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Financial Security on the Rise

Americans’ confidence in the U.S. economy is growing, according to a national Bankrate survey.  According to Bankrate, job security, debt, net worth and overall financial situation are areas in which Americans are experiencing more optimistic sentiments. These positive areas led the Financial …

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Lowe’s Announces Third Quarter Results

According to a press release by Lowe’s, the company announced net earnings of $585 million for the third quarter, which ended Oct. 31. These earnings were a 17.3-percent increase over the same period a year ago. Diluted earnings per share …

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Home Depot Announces Third Quarter Results

According to a press release from The Home Depot, the company reported sales of $20.5 billion for the third quarter of fiscal 2014, a 5.4 percent increase from the third quarter of fiscal 2013. Comparable store sales for U.S. stores were …

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Ace Hardware Announces Third Quarter Results

Ace Hardware Corporation today reported total revenues of $1.13 billion for the third quarter of 2014, an increase of $94.6 million or 9.1 percent, from the third quarter of 2013. Net income was $37.3 million for the third quarter of …

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Hardware Retailing Stock Index

The home improvement industry is looking up according to the Hardware Retailing Stock Index, which reports stock activity of the leading home improvement retailers, manufacturers and builders influencing the industry. Throughout the month of October, the index gained $84 or a 6.4 …

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