2019 was a year full of home improvement headlines, including new leadership, new services and new possibilities for the channel. Review 2019 home improvement headlines to get a fuller picture of the year using the links below. *** December 2018 …
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Home Depot, Lowe’s Announce Q3 2019 Financial Results
Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …
Read More »Lowe’s Announces Q3 2019 Financials, New Canadian Strategy
Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …
Read More »True Value Ranks No. 1 in National Customer Service Poll
Hardline wholesaler True Value has topped Newsweek’s 2020 list of America’s Best Customer Service Brands in the “Home Improvement Stores” category. “True Value retailers are winning where it matters most: with customers,” says John Hartmann, president and CEO of True …
Read More »Lowe’s Announces Financial Results for Q2 2019
Big-box home improvement chain Lowe’s has announced its second-quarter 2019 financial results. In total, the company reported net earnings of $1.7 billion in the second quarter. This figure represents an 8 percent decrease over its second-quarter 2018 earnings of $1.86 …
Read More »Lowe’s Lays Off Thousands of Employees
Lowe’s has eliminated thousands of positions across the company, including many maintenance and assembly employees, reports The Wall Street Journal. Many of the workers affected by the announcement put together “grills, wheelbarrows and other products,” according to the report. Now, …
Read More »Exploring Big-Box Q1 2019 Financial Results
Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results. Learn how each company performed in the articles linked below. Home Depot Reports Sales Growth for First Quarter “We were pleased with the underlying …
Read More »Lowe’s CEO Reflects on His First Year in Charge
In an interview with North Carolina Biz News Wire, Lowe’s CEO Marvin Ellison is looking back on his first year at the helm of the U.S. big-box home improvement chain. “When I came to Lowe’s, I quickly saw that the …
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