Tag Archives: financials

The average characteristics of conventional mortgages used to buy newly built homes were little changed in April, according to data released earlier today by the Federal Housing Finance Agency (FHFA).  The average contract interest rate declined a scant 2 basis points to 4.19 percent, while …

Going green is good for the environment, but it can also be good for a homeowner’s wallet – and that’s the aspect of eco-friendly improvements that seems most appealing to homebuyers. More than 80 percent of buyers said they would …

Lowe’s reported net earnings of $624 million for the quarter ended May 2, 2014, a 15.6 percent increase over the same period a year ago. Diluted earnings per share increased 24.5 percent to $0.61 from $0.49 in the first quarter …

Home Depot’s fiscal first-quarter net income jumped 12 percent as a key sales metric improved despite a slow start to the spring selling season due to bad weather but the company still missed both adjusted earnings and revenue expectations. The company reported first …

True Value announced it is gearing up to roll out its strategic plan in the fall that will highlight long-term changes for the co-op. While many efforts won’t be implemented until the end of 2014 or later, according to company …

Ace Hardware today reported the company’s best first quarter for both revenues and net income in its 90-year history, it says. Total revenues were $1.1 billion for the first quarter of 2014, an increase of $155.5 million or 16.8 percent, …

True Value today reported revenue of $331.5 million for the quarter ending March 29, an increase of 6.0 percent or $18.9 million over the same period a year ago. Strong sales in the farm, ranch, auto and pet, seasonal, plumbing …

Total retail sales in the U.S. reached more than $4.5 trillion in 2013, and e-commerce accounted for a large part of that growth, up 16.9 percent in 2013, according to market research firm eMarketer. Total retail sales are leading economic …