In the first quarter, Home Depot beat Wall Street estimates on earnings but came up a bit short on revenues as it continues reconfiguring elements of the operation to align with business trends and market opportunities. Net earnings were $3.6 billion, or $3.63 per...
In a looking at a retail sector that’s been dealing with headwinds, Numerator updated its Home Improvement Tracker and demonstrated that Home Depot retains a considerable lead over rivals in overall spending. Home Depot has been actively expanding its business...
In two significant executive moves, Home Depot named Ann-Marie Campbell senior executive vp, and Hector Padilla executive vp of U.S. stores and operations. In her new role, Campbell will assume responsibility for outside pro sales efforts as well as the...
At its 2022 Analyst and Investor Conference, Lowe’s Cos. is providing an update on its key growth initiatives including the company’s plans for growth across its five focus areas. The growth initiatives include deepening Pro penetration, accelerating the...
Strong consumer and pro sales helped propel Lowe’s Cos. to better-than-anticipated third-quarter results. For the quarter, Lowe’s recorded net earnings of $154 million, or 25 cents per diluted share, versus $1.9 billion, or $2.73 per diluted share, for the...
