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Tag Archives: Industry News

Lowe’s Reports Net Sales of $26 Billion in Q2 2026

Lowe's kentucky

Lowe’s Companies, Inc. recently released its financial results for the second quarter of 2026, reporting total sales for the quarter at $26.0 billion, compared to $24.0 billion in the prior-year quarter. Comparable sales for the quarter increased 0.2%, driven by …

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84 Lumber Names New CFO

84 lumber new CFO

84 Lumber announced it has named Dustin Hauenstein as chief financial officer. Hauenstein joins the company with more than 25 years of finance and accounting experience across the retail and financial services industries. In his role as chief financial officer, …

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Rural King Expands in Alabama

Rural King Lincoln Alabama

Rural King recently announced the opening of its newest Alabama store in Lincoln, marking the company’s ninth location in the state. Grand opening festivities will take place Aug. 14 through Aug. 16. New customers who enroll in RK Rewards at …

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QXO Hits $3.25 Billion in Q2 Net Sales

QXO Q2 2026 financials

QXO Inc. has released its financial results for the second quarter of 2026, reporting net sales of $3.25 billion for the quarter, up from $1.91 billion in the second quarter of 2025. “Our second-quarter results reflect current market conditions and …

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Inflation Eases for Second Consecutive Month in July

July inflation

Inflation eased for the second consecutive month after reaching a three-year high in May, according to an analysis from the National Association of Home Builders. As energy prices leveled, shelter remained the largest factor driving inflation, accounting for one-third of …

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