Home-improvement retailers Lowe’s (LOW -0.07%) and The Home Depot are alike in many regards. However, for 15 years, Lowe’s has trailed Home Depot significantly when it comes to profitability. There are different ways to measure profitability, but a particularly important one is a company’s operating margin. This is the profit […]
Depot
Home Depot Inc. and Lowe’s Cos. stocks lost ground Monday after Oppenheimer downgraded the two construction-material and hardware giants to perform from outperform and cut their target prices. Upcoming initial 2024 guidance from Home Depot and Lowe’s “could prove unfavorable catalysts for shares.” Home Depot is due to release its […]
The stocks of Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW) have gained over 9% and 11% respectively, this year. The challenging macro environment has pressured the home improvement industry dampening the near-term outlook but there are still a couple of reasons to retain optimism. Here’s a look at what […]
“How doers get more done.” Home Depot is staying true to its motto here in Maricopa. The retailer confirmed plans to begin construction at its future store on Maricopa-Casa Grande Highway and Stonegate Road this month, according to company spokesperson Evelyn Fornes. “We are currently planning to start construction in […]
Home Depot‘s quarterly sales declined 3% from the year-ago period, but topped Wall Street’s expectations as customers chipped away at more modest projects and home repairs. The company indicated caution about the coming months and narrowed its full-year outlook. It said it now anticipates sales will fall by 3% to […]
Acquisition Expected to Accelerate Capabilities to Better Serve the Pro Customer’s Complex Project Needs ATLANTA, Nov. 20, 2023 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, has entered into a definitive agreement to acquire International Designs Group (IDG), a platform company that owns and operates Construction Resources […]
Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter and shares jumped more than 5% Tuesday. Home Depot now expects an earnings per share to […]
Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter and shares jumped more than 6% Tuesday. Home Depot now expects an earnings per share to […]
