The Home Depot recently released its financial results for the second quarter of 2026, reporting net sales of $47.9 billion for the quarter, up $2.6 billion, or 5.7% from Q2 2025. Comparable sales for the second quarter increased 1.7%. Net …
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Builder Confidence Remains Low Amid Affordability Challenges
Builder sentiment remains low amid economic and geopolitical uncertainty, elevated mortgage rates and rising construction costs. Confidence in the market for newly built single-family homes inched up one point to 35 in August, according to the National Association of Home …
Read More »Rural King Expands in Alabama
Rural King recently announced the opening of its newest Alabama store in Lincoln, marking the company’s ninth location in the state. Grand opening festivities will take place Aug. 14 through Aug. 16. New customers who enroll in RK Rewards at …
Read More »QXO Hits $3.25 Billion in Q2 Net Sales
QXO Inc. has released its financial results for the second quarter of 2026, reporting net sales of $3.25 billion for the quarter, up from $1.91 billion in the second quarter of 2025. “Our second-quarter results reflect current market conditions and …
Read More »Inflation Eases for Second Consecutive Month in July
Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …
Read More »Canadian Tire Reports 0.7% Comparable Sales Growth in Q2 2026
Canadian Tire Corporation announced its second quarter 2026 financial results, reporting a 0.7% increase in consolidated comparable sales and 6.3% growth on a two-year stack basis. SportChek led the company’s retail banners, with comparable sales increasing 8.0% and 12.4% on …
Read More »McCoy’s Building Supply Begins Construction on New Retail Location
McCoy’s Building Supply recently announced it broke ground and began construction on a retail location near Canyon Lake, Texas. Located in the Mystic Shores community, the store will be McCoy’s 86th location. “I am excited for McCoy’s to become part …
Read More »Do it Best Group Announces New Partnership With Epicor
Do it Best Group recently announced a new technology services partnership with Epicor designed to give its member-owners access to a right-sized point-of-sale platform backed by greater support from the co-op. Built around Epicor Propello’s cloud-based platform, the new offering …
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