Existing home sales rose in October to the highest rate in eight months as buyers took advantage of lower mortgage rates, according to the National Association of Realtors (NAR) and an analysis from NAHB’s Eye on Housing. Mortgage rates hovered …
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Lowe’s and Home Depot Highlight AI and Pro Initiatives in Q3 2025
Lowe’s and Home Depot released Q3 2025 financials this week, both reporting modest net sales growth and progress on several company initiatives. Both companies also hosted earnings calls where execs shared insights into how each is improving various operational areas. …
Read More »Lowe’s Reports Modest Net Sales, Comp Sales Growth in Q3 2025
Lowe’s Companies Inc. recently released its financial results for the third quarter of 2025, reporting $20.8 billion in net sales, up from $20.2 billion in Q3 2024, an increase of. Comparable store sales for the quarter increased 0.4%, driven by …
Read More »Do it Best and True Value CIO Talks New Tech Center
Do it Best and True Value opened a new regional technology center in the Dallas-Fort Worth area, reinforcing a commitment to digital transformation, attracting top-tier talent and delivering long-term growth for Do it Best and True Value store owners. The new tech …
Read More »Event Director Shares an Inside Look at NHS Concept to Commerce
Informed by customer feedback and a sharp focus on today’s retail challenges, the National Hardware Show is undergoing the most significant evolution in its 80-plus year history. In 2026, it will debut NHS Concept to Commerce—a completely reimagined event built to streamline every …
Read More »Builder Confidence Rises Slightly in November Despite Softening Demand
Builder confidence in the market for newly built single-family homes rose one point in November to 38, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “While lower mortgage rates are a positive development for …
Read More »Home Depot Launches AI-Powered Tool for Pros to Streamline Projects
The Home Depot announced the launch of Blueprint Takeoffs, a new AI-powered tool designed to provide professional renovators, remodelers and builders with faster, more accurate and cost-effective material lists and estimates, also known as takeoffs, for single-family project blueprints. With …
Read More »The Home Depot Marks Increase in Net Sales, Comp Sales for Q3 2025 But Misses Expectations
The Home Depot recently released its Q3 2025 financial results, reporting a $1.1 billion increase in net sales from Q3 2024, reaching $41.4 billion in net sales. Total sales include approximately $900 million from the recent acquisition of GMS Inc. …
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