Big-box home improvement retailers Home Depot and Lowe’s announced their first-quarter 2020 financial results this week. For both retailers, sales rose over the same period in 2019. Explore how each company fared in the first quarter of 2020 and learn …
Read More »Tag Archives: Lowe’s
Lowe’s Q1 2020 Sales Rise 11%
Big-box home improvement chain Lowe’s has announced net sales of $19.7 billion in the first quarter of 2020, an 11.3 percent increase over the same period in 2019. Sales grew more than 23 percent over results from the fourth quarter …
Read More »Big Boxes Change Policies Amid COVID-19
The COVID-19 pandemic has brought changes to home improvement stores across North America, but big boxes are also finding it necessary to adopt new operations policies to protect employees and customers. Learn what Home Depot, Lowe’s, Menards and Walmart are …
Read More »Big Boxes Reveal Q4 2019 Financial Results
Big-box home improvement chains Home Depot and Lowe’s both announced their fourth-quarter 2019 financial results recently. To learn more about the specifics of each company’s financial reports, check out the links below. Home Depot Announces $25.8B in Q4 2019 Sales …
Read More »Lowe’s Talks Supporting the Trades
The struggle to find enough workers for skilled trade jobs is impacting the home improvement industry as a whole. Mike Mitchell, who leads Lowe’s skilled trades initiatives, including a national movement called Generation T, spoke with Hardware Retailing about why …
Read More »Lowe’s Reports $16B in Q4 2019 Sales
Big-box home improvement chain Lowe’s has released its financial results for the fourth quarter of 2019, indicating sales growth compared to the same period in 2018. In total, Lowe’s posted $16 billion in fourth-quarter 2019 sales, up 2.5 percent from …
Read More »Lowe’s Plans Nationwide DIY Workshops for Children
Big-box retailer Lowe’s has announced plans to offer monthly DIY workshops geared for children ages 4-11. The free workshops will be held at each Lowe’s location across the U.S. and introduce kids to DIY basics. The first weekend workshop took …
Read More »Headlining News From Canada
Each month, Hardware Retailing shares industry news from Canada. For the full story of each of these briefs, visit hardlines.ca/hr. Lowe’s Announces 34 More Store Closings, Further Rationalization in Canada Lowe’s Canada recently announced that it will shutter 34 stores …
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