Housing conditions have improved modestly in the last year, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI), but housing affordability is still a struggle for millions of Americans. The …
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Lowe’s AI Tool Speeds Material Quotes
Lowe’s recently announced the launch of Material Lists, an AI-powered solution that converts handwritten notes, photos, spreadsheets and other supported file types into quote-ready orders in minutes, with support for both English and Spanish. For many pros, balancing purchasing, project …
Read More »Pricing Concerns Weigh on Retailer Satisfaction
Overall satisfaction with home improvement retailers has held steady in 2026, rising one point from 2025 to 672 (on a 1,000-point scale), according to the most recent JD Power 2026 U.S. Home Improvement Retailer Satisfaction Study. Shoppers noted higher satisfaction …
Read More »Richards Building Supply Acquires Colorado Building Products Distributor
Richards Building Supply Co. (RBS) recently announced the acquisition of the assets of United States Building Supply (USBS), a distributor of siding, windows, gutters and other complimentary products in Colorado. “We are thrilled to welcome this team into our family,” …
Read More »Q1 2026 Home Improvement Financial Roundup
Among economic headwinds, global conflict and elevated inflation, financial results for the first quarter of 2026 were across the board for top names in the corporate retail world. A majority of companies reported positive results in the quarter, demonstrating resilience …
Read More »Lowe’s Q1 Sales Rise 10.5% Despite Earnings Dip
Lowe’s released its first quarter of 2026 financial results, reporting $1.6 billion in net earnings, a 0.79% decrease year over year. Comparable store sales for the quarter increased 0.6%, which the company says was driven by strong spring sales and …
Read More »Builders FirstSource Announces Executive Leadership Transitions
Builders FirstSource recently announced that as part of a planned leadership transition, Mike Hiller has been appointed chief operating officer—designate, succeeding Steve Herron, who will retire at the end of 2026. “This succession plan reflects both the bench depth of …
Read More »The Home Depot Reaffirms 2026 Outlook Following Q1 Growth
The Home Depot reported its financial results for the first quarter of fiscal 2026, posting net sales for the quarter of $41.8 billion, a 4.8% increase year over year. Comparable store sales for fiscal Q1 2026 increased 0.6%, and comparable …
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