home improvement

Lowe’s Posts Mixed Results, Sees Spring Surge
Financial Performance

Lowe’s Posts Mixed Results, Sees Spring Surge

CEO Marvin Ellison says the retailer's turnaround is progressing, citing "results we are seeing in early spring categories."
By Matthew Heller | February 27, 2019
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Lowe’s Announces Mexico Exit, Q3 Sales Miss
Strategy

Lowe’s Announces Mexico Exit, Q3 Sales Miss

While Lowe's is streamlining its business, it "still has to address its status as a second-fiddle retailer."
By Matthew Heller | November 26, 2018
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There’s No Retailer Like Home Depot
The Economy

There’s No Retailer Like Home Depot

The company crushed earnings forecasts and called the Trump administration's tariffs on lumber and appliances "manageable."
By William Sprouse | August 14, 2018
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Home Depot Sales Hit by Slow Spring Spending
Financial Performance

Home Depot Sales Hit by Slow Spring Spending

It was a "garden story" for the retailer in Q1 as severe winter weather weighed on sales of gardening supplies.
By Matthew Heller | May 15, 2018
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Lowe’s Falling Margins Drive 5% Stock Slide
Financial Performance

Lowe’s Falling Margins Drive 5% Stock Slide

The retailer spent heavily in Q4 to convert store traffic into sales but gross margins fell 68 basis points to 33.73%.
By Matthew Heller | February 28, 2018
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Hurricanes Add $282M to Home Depot Sales
Financial Performance

Hurricanes Add $282M to Home Depot Sales

The retailer's same-store sales rose 7.9% in Q3 as hurricanes sent consumers to its stores in the South for rebuilding supplies.
By Matthew Heller | November 14, 2017
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Lowe’s Shares Drop 3% on Q1 Earnings Miss
Financial Performance

Lowe’s Shares Drop 3% on Q1 Earnings Miss

Same-store sales grew 1.9%, above the company's historical average but below rival Home Depot's 5.5% gain in its first quarter.
By Matthew Heller | May 25, 2017
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Lowe’s Buys Wholesaler to Boost Pro Business
Strategy

Lowe’s Buys Wholesaler to Boost Pro Business

The $512 million acquisition of Maintenance Supply Headquarters will enhance Lowe's ability to serve customers such as contractors.
By Matthew Heller | May 18, 2017
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Home Depot Surges to Record Earnings in Q2
Strategy

Home Depot Surges to Record Earnings in Q2

The retailer has benefited from the strength of the U.S. housing market but same-store sales grew at the slowest rate in nine quarters.
By Matthew Heller | August 16, 2016
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