The deadline for the North American Hardware and Paint Association (NHPA)’s 2025 Cost of Doing Business Study has been extended to July 15. The study is the only inclusive industry benchmarking study—giving you a complete analysis of how your business performed against other independent home …
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Father’s Day Spending to Reach New High
Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high …
Read More »Lowe’s Reports 1.04% Decrease in Total Sales for Q1 2025
Lowe’s reported its Q1 2025 financials, marking $20.9 billion in total sales, a 1.04% decrease year over year. Comparable store sales for the quarter decreased 1.7% as unfavorable weather early in the quarter was offset by mid-single-digit pro and online …
Read More »The Home Depot Reports 0.3% Decrease in Comp Sales for Q1 2025
The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …
Read More »Comp Store Sales Down for Tractor Supply in Q1 2025
Tractor Supply Company released its Q1 2025 financials, showing a 0.9% decrease in comparable store sales compared to an increase of 1.1% in Q1 2024. Net sales for Q1 2025 increased 2.1% to $3.47 billion from $3.39 billion in Q1 …
Read More »Import Cargo Levels Continue Rising Amidst Tariffs
As the U.S. continues to grapple with tariffs, imports at the nation’s major ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer, according to the Global Port Tracker report released by the …
Read More »Lowe’s Reports Q4 2024 Financials
Lowe’s Companies reported a comparable sales increase of 0.2% in Q4 2024, driven by high single-digit pro and online comparable sales, a strong holiday performance and rebuilding efforts after recent hurricanes. Total sales for the quarter were $18.6 billion. “Our results …
Read More »Walmart Shows Strong Growth in Q4
Q4 2024 Walmart released its Q4 2024 financial results, noting $180.6 billion in total revenue, up 4.1% year over year. The Arkansas-based store chain also reported an operating income of $7.3 billion in Q4, up 30% from the same quarter …
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