In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …
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Distribution America and PRO Group’s annual Executive Planning Conference is going virtual. This year’s conference will use Zoom online meeting technology in place of the in-person event that was originally scheduled to take place in Tucson, Arizona. The 2021 conference …
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Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …
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Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …
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COVID-19 has posed challenges for every home improvement retailer, including those operating stores in multiple states. Building materials supplier Spahn & Rose Lumber counts 24 locations across Iowa, Illinois and Wisconsin. CEO Dave Davis recent spoke about the challenge of …
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Big-box home improvement chain Home Depot has released its second-quarter 2020 financial results, achieving net sales of $38.1 billion. This figure marks a 23 percent increase over the same period in 2019 and a 34 percent increase over first-quarter 2020 …
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Do it Best Corp. has announced record net profitability and record rebates for retailers during its most recent fiscal year, which ended in June. The co-op’s total sales for the year were $3.6 billion and net profit was up 12.6 …
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U.S. home improvement sales fell slightly from June levels, new data from the U.S. Census Bureau shows. In total, NAICS 444 sales (not seasonally adjusted) hit $40.3 billion in July, down from $43.1 billion in June sales. In June, data …
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