News

Lowe’s Companies, Inc. recently released its financial results for the second quarter of 2026, reporting total sales for the quarter at $26.0 billion, compared to $24.0 billion in the prior-year quarter. Comparable sales for the quarter increased 0.2%, driven by …

Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders, according to an analysis from the National Association of Home Builders (NAHB). Overall housing starts decreased 12.4% in July …

84 Lumber announced it has named Dustin Hauenstein as chief financial officer. Hauenstein joins the company with more than 25 years of finance and accounting experience across the retail and financial services industries. In his role as chief financial officer, …

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 …

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 …

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 …

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 …

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 …