QXO announced it has completed its acquisition of Koriak Building Partners from Court Square Capital Partners for approximately $2.25 billion, expanding QXO’s addressable market to more than $200 billion. “By acquiring Kodiak, we’re providing our customers with a wider range …
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The Home Depot currently offers more than a dozen AI-powered capabilities, with numerous others in development. Through new artificial intelligence tools, the company is delivering its home improvement expertise directly to millions of DIY customers and professional contractors. “Everything we …
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The Farnsworth Contractor Index for Q4 2025 shows contractors remain confident about near-term work, even as revenue expectations and growth soften compared to last year. Overall confidence in securing new business over the coming six months scored 8.3 out of …
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During its 2025 Investor and Analyst Conference, The Home Depot recently discussed key priorities and a preliminary outlook for 2026. The Home Depot reaffirmed its fiscal 2025 guidance and shared a preliminary outlook for fiscal 2026 that included forecasted comparable sales …
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As it works to provide independent LBM dealers with innovative digital tools to support pro contractor customers, Do it Best is now offering exclusive pricing for Toolbx—a B2B solution designed to help contractors approve quotes, place orders and pay their …
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The Home Improvement Research Institute (HIRI) released the Quarterly Contractor Business Tracker Q2 2025 report, evaluating how macroeconomic trends affect contractors’ operations and strategic decision-making. The report noted a dip in market growth optimism, with only 55% of respondents anticipating …
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Earlier this week, The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. The acquisition is …
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According to new data from home improvement and design website Houzz, U.S. construction businesses have a positive sentiment regarding home improvement activity in the first quarter of the year, but are tempering their outlook due to ongoing market volatility. The …
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