Home Improvement Store news and trends

Lowe’s Q2 Earnings Beat Expectations
Retail // August 23, 2018

Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. The home improvement retailer reported net income of $1.52 billion ($1.86 a share) for the quarter ending August 3, compared with $1.42 billion ($1.68 per share) the previous year. With the exclusion of...

Lowe’s Credit Card Payment Partnership
Retail // August 15, 2018

To help Lowe’s Companies bring new benefits and purchasing options to its customers, it’s extending its agreement with Synchrony. The agreement gives Lowe’s access to infrastructure related to in-app payments, along with an in-store credit app, Chain Store Age reported. “We are focused on exceeding...

Home Depot’s Big Beat On Earnings
Earnings // August 14, 2018

It was a big second quarter for hardware and home goods retailer Home Depot, as it posted record-breaking Q2 results that were well ahead of Wall Street expectations. A warm summer, it seems, sprouted lots of sales at Home Depot, making up for a cool...

Home Depot Sees Strong Delivery Growth In Q1
Retail // May 16, 2018

As Home Depot ramps up its delivery efforts and focuses on its Pro customers, the home improvement retailer beat bottom-line, first-quarter earnings estimates, but fell short on its top-line revenues. The company reported earnings per share of $2.08 and revenues of $25 billion compared to $2.06...

Quick Reads
Home Depot Beefs Up Same-Day Delivery

September 27, 2018
Home Depot announced that it has launched express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metros across the U.S. The new service is part of the company’s five-year expansion of its delivery offerings for DIY and Pro customers. “This is just the beginning of our […]

Lowe’s Q2 Earnings Beat Expectations

August 23, 2018
Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. The home improvement retailer reported net income of $1.52 billion ($1.86 a share) for the quarter ending August...

Lowe’s Credit Card Payment Partnership

August 15, 2018
To help Lowe’s Companies bring new benefits and purchasing options to its customers, it’s extending its agreement with Synchrony. The agreement gives Lowe’s access to infrastructure related to in-app payments,...

Home Depot’s Big Beat On Earnings

August 14, 2018
It was a big second quarter for hardware and home goods retailer Home Depot, as it posted record-breaking Q2 results that were well ahead of Wall Street expectations. A warm...