Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most...
The Home Depot, the world’s largest home improvement retailer, is shrinking its 2024 earnings guidance. “After three years of exceptional growth for our business, 2023...
Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business. This acquisition includes $2.2 billion of loan receivables and relationships with...
Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov....
Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into...
Pressures from a subdued housing market and dampened spending are impacting the home improvement industry. The Home Depot, the world’s largest home improvement retailer, on...
Lowe’s is taking its same-day delivery offering nationwide. The home improvement retailer on Wednesday (July 19) announced it was expanding that offering via a partnership with last-mile transportation...
The pandemic home improvement wave has crested, as evidenced by first quarter results reported by The Home Depot, which is seeing a deceleration in its...
The Home Depot missed Wall Street revenue expectations for the second quarter in a row. The home improvement retailer on Tuesday (May 16) reported earnings...