Tractor Supply Co. is reporting $2.8 billion in first-quarter sales, a 42.5 percent jump from the same period in 2020. Previously, the company reported $2.8 billion in fourth-quarter 2020 sales and net sales of $10.6 billion for the year. In …
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Inside Big Boxes’ Fiscal Year 2020 Sales Results
2020 was a year of sales momentum for the home improvement market. As COVID-19 forced millions of people across the world to stay at home, they begin to see new potential for their living spaces and finally had the time …
Read More »Lowe’s Reports $89B in 2020 Sales
Home improvement chain Lowe’s has announced its fourth-quarter and fiscal year 2020 financial results, revealing more than $89 billion in sales throughout a year marked by strong DIY spending. In total, Lowe’s reports fourth-quarter net sales of $20.3 billion, up …
Read More »Home Depot Announces $132B in 2020 Sales
Big-box chain Home Depot has announced its fourth-quarter and fiscal year 2020 financial results, reporting more than $132 billion in sales throughout the year. Sales in the fourth quarter stood at $32.3 billion, an increase of 25.1 percent from the …
Read More »Lowe’s Plans to Hire 50,000 Employees for Spring
Lowe’s has announced plans to hire roughly 50,000 frontline associates across its U.S. stores this spring. The company says the 50,000 new hires will fulfill both seasonal and full-time roles at its stores ahead of the busiest home improvement selling …
Read More »Now Streaming: 2020 Market Measure Webinar
Recently, the North American Hardware and Paint Association (NHPA) hosted a webinar focused on the 2020 Market Measure report, the annual overview of the forces and factors affecting the home improvement marketplace. Sponsored by Epicor, the webinar gave independent home …
Read More »Lowe’s Focuses on Capturing Market Share
After announcing $22.3 billion in third-quarter sales, Lowe’s will now focus on capturing market share from home improvement rivals, reports CNBC. The company reiterated its financial outlook, saying it expects sales to grow by about 22 percent this year. Same-store …
Read More »Explore Q3 2020 Big-Box Financial Results
In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their third-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the third-quarter 2020 financial …
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