During the first quarter of 2025, big-box home improvement retailers Lowe’s, Home Depot and Tractor Supply Company saw year-over-year increases in net sales but declines in net earnings. See the round-up and side-by-side comparisons below and read the full stories …
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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 »Home Depot to Expand in 2025
The Home Depot footprint continues to expand across North America, with more than 20 new locations opening in the U.S. since 2023. The company recently outlined its newest store locations across multiple states throughout the rest of the year. Spring …
Read More »Home Depot Announces Exclusive Primer Deal
The Home Depot announced it has expanded its long-term partnership with Behr Paint Company to exclusively offer KILZ branded primer products in the U.S. and Puerto Rico. Home Depot will become the only home improvement retailer to sell KILZ products. “We’ve heard …
Read More »Big Box Stores Launch AI Tools
The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …
Read More »How the Big Boxes Fared in 2024
Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
Read More »The Home Depot Records Strong Q4 2024
Home Depot recently released its fourth quarter 2024 and fiscal 2024 financial data. Q4 2024 Sales for the fourth quarter of fiscal 2024 were $39.7 billion, a $4.9 billion or 14.1% increase year over year. Comparable sales also increased 0.8% …
Read More »Home Depot Expands in Savannah
The Home Depot announced the acquisition of a 1.4 million-square-foot distribution center (DC) in Savannah, Georgia. The Savannah DC will employ around 250 associates and will support hundreds of Home Depot stores, as well as hurricane relief during times of …
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