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Tag Archives: financials

How Does Your Business Compare to a High-Profit Store?

Cost of Doing Business Study deadline

The differences between a high-profit home improvement store and a typical operation can be significant, according to facts from the North American Retail Hardware Association’s (NRHA) 2016 Cost of Doing Business Study. A high-profit home improvement store nets 9.2 percent profit …

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Small Business Owners Optimistic About Business Health

Small business owners across the U.S. have an optimistic outlook concerning their operations’ health, when considering plans to hire, their revenue expectations and plans to invest back into the business, according to a new report. The findings come from MetLife …

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True Value Reports Small Q1 Declines

true value fall reunion

This week, True Value Co. reported a decrease in both revenue and gross billings, citing unfavorable weather patterns that led to a decline in retail traffic for the first quarter. The co-op posted gross billings of $502 million through the …

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Sears Reports ‘Challenging Quarter’ With 20 Percent Loss

Sears Canada

Sears Holdings Corp. reported a 20 percent year-over-year revenue loss in its first-quarter financial results, which the company attributed to having fewer operational stores. The struggling retailer also noted an 11.9 percent decline in comparable store sales. Kmart stores lost sales in …

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Lowe’s Reports Q1 Growth

Lowe's

Lowe’s reported growth in its first-quarter financial results for the year, which the company released Wednesday. The company’s first quarter ended May 5. The big-box home improvement retailer reported sales growth of 10.7 percent over the same period last year, …

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Home Depot Reports Q1 Growth

Home Depot

While the retail industry has been facing plenty of road blocks, especially in clothing and department stores, the home improvement industry continues to show strength. The Home Depot’s first quarter 2017 financial results highlight growth and topped analysts’ expectations, according to CNBC. Today, Home …

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