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Tag Archives: Lowe’s

Analyzing Q2 2021 Big-Box Sales

BIG-BOX SALES

Investigating big boxes’ second-quarter sales can help every independent home improvement operator position their own operations for success. Take a look at the latest financial reports from Home Depot, Lowe’s and Tractor Supply to learn how each has fared during …

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Home Depot Continues $1.2B Supply Chain Investment

home depot

Big-box chain Home Depot has announced the opening of a new distribution center in Baltimore. The new 800,000 sq. ft. facility is designed to improve delivery to customers throughout the region. Stephanie Smith, senior vice president of supply chain for …

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Home Depot and Lowes Set Sights on Pros

home depot and lowe's

A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …

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Lowe’s Names New Chairman of Board of Directors

Lowe's chairman

Marvin Ellison, Lowe’s president and CEO, has added an additional role to his job duties and will now also serve as the chairman of the board. Ellison, who joined the company in July 2018 as president, chief executive officer and …

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Home Depot, Lowe’s Announce Q1 2021 Sales Results

q1 2021 big-box

A new article from The Wall Street Journal explores the heights home improvement has reached since the start of the COVID-19 pandemic. Both Home Depot and Lowe’s posted their second-highest sales figures since the start of 2020, demonstrating ongoing home …

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What Big-Box Home Improvement Chains Are Prioritizing

big-box home improvement q2 2021

Big-box home improvement chains are taking unique approaches to gaining customers in the early days of the busy spring selling season. Explore how Home Depot, Lowe’s and Tractor Supply are launching new initiatives to boost sales. Home Depot: Opening New …

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Inside Big Boxes’ Fiscal Year 2020 Sales Results

fiscal year 2020 financial results

2020 was a year of sales momentum for the home improvement market. As COVID-19 forced millions of people across the world to stay at home, they begin to see new potential for their living spaces and finally had the time …

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Lowe’s Reports $89B in 2020 Sales

lowe's 2020 sales

Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …

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