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Tag Archives: financials

Benchmark Your Business With 2018’s Market Measure

market measure

Click the picture to download a PDF of this story. The Industry’s Annual Report While 2018 has shaped up to be another relatively strong year for sales in the home improvement industry, we may be facing a perception problem that …

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Lowe’s Reports Q3 Financials; Plans to Exit Mexico

Lowe's

In its third-quarter financial results, big-box home improvement retailer Lowe’s reported net earnings of $629 million. The company also announced plans to “exit its Mexico retail operations,” according to a press release. In the second-quarter of 2018, the company reported …

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Home Depot Announces Q3 2018 Financial Results

home depot

Home Depot has announced its third-quarter 2018 financial results. In total, the company reported sales of $26.3 billion, which represents a 5.1 percent increase from the same period in 2017. Comparable sales for the third quarter in the U.S. were …

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Big Boxes Could Benefit From Sears’ Downfall

Big-box retailers like Home Depot and Lowe’s are preparing to meet the retail void left by the downfall of Sears, Yahoo Finance reports. After Sears filed for bankruptcy protection earlier this month, “Home Depot and Lowe’s look to be big …

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Sears Files for Bankruptcy Protection, Plans to Close 142 Stores

bankruptcy protection

Sears Holdings Corp. has filed for bankruptcy protection and plans to close another 142 stores. Edward Lampert will also vacate his position as the company’s CEO immediately, reports the Chicago Tribune. Three executives will fulfill Lampert’s duties as CEO, according …

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Amazon Becomes Second Company Valued at $1 Trillion

amazon

Amazon’s value recently reached a new height, with increased stock prices making the retailer a $1 trillion company. The e-commerce giant is the second American company to achieve a $1 trillion value, hitting that milestone after Apple in August, The …

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Ace Hardware, Lowe’s Release Q2 Financial Results

Q2 financial results

Ace Hardware Corp. and Lowe’s both recently released their second-quarter 2018 financial results. Earnings were up for both companies, but dive into their separate reports to get the full story on how these home improvement companies are faring at the …

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Ace Hardware Reports Revenue and Sales Increases for Second Quarter

Ace Hardware

Ace Hardware Corp. reported Aug. 22 that it achieved growth in revenues, sales and income during the second quarter of 2018. The company’s revenues were $1.6 billion for the quarter, an increase of 6.4 percent from second-quarter 2017. The co-op …

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