Home improvement companies could see increased sales after Hurricane Ian, Wells Fargo says

Home improvement companies could see increased sales after Hurricane Ian, Wells Fargo says

Hurricane Ian is barreling toward Florida after strengthening to a Category 4 storm, and analysts are forecasting billions of dollars in damages. Beyond the impact to human lives, storms of this nature also turn into economic events as people, towns and cities rebuild after extensive damage. Wells Fargo said Wednesday that retail names exposed to…

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Home Depot Vs Lowe’s: Photos, Customers, Sales

Home Depot Vs Lowe’s: Photos, Customers, Sales

Home Depot just reported a successful quarter with $38 billion in sales, blowing away analyst expectations. Mary Meisenzahl/Insider Source: CNBC The parking lot was busy on a Tuesday afternoon, and as I walked in I noticed a sign directing curbside pickup customers. Mary Meisenzahl/Insider Many retailers, including Home Depot, added or expanded curbside offerings that experts…

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‘solid 1Q sales’ for home improvement ahead of Home Depot, Lowe’s earnings

‘solid 1Q sales’ for home improvement ahead of Home Depot, Lowe’s earnings

Two of America’s largest home improvement retailers, Home Depot (HD) and Lowe’s (LOW), are expected to report fiscal Q1 2022 earnings next week. Ahead of these earnings releases, a recent Bank of America (BAC) Global Research report suggests a positive outlook for the performance of the two companies. “Recent signals of home improvement retail activity…

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