Dollar General Corp. reports second-quarter 2020 net sales increased 24 percent to $8.7 billion, up from $7 billion in the first quarter. In addition, the company’s operating profit increased 80.5 percent to reach $1 billion. “As a result of the …
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Analyzing Big-Box Q2 Performance
In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their second-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the second-quarter 2020 financial …
Read More »Ace Hardware Q2 Revenue Rises 35%
Ace Hardware Corp. saw revenue, income and store sales increase during the second quarter of 2020 as consumers shifted their spending in response to the COVID-19 pandemic. The co-op reports revenues of $2.3 billion for the months of April, May …
Read More »Lowe’s Reports $27.3B in Q2 Sales
Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …
Read More »Home Depot Sees 23% Sales Spike in Q2 Sales
Big-box home improvement chain Home Depot has released its second-quarter 2020 financial results, achieving net sales of $38.1 billion. This figure marks a 23 percent increase over the same period in 2019 and a 34 percent increase over first-quarter 2020 …
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