Home Depot reported a 6% increase in sales and True Value says paint sales are up more than 20% as Americans use lockdown to clean up, paint up, and fix up.
Home Depot posted better-than-expected earnings and revenue for the fourth quarter.
Companies like Home Depot and Lowe's have benefited from homeowners fixing what they already own.
The home improvement giant has struggled with its e-commerce initiatives, as a lot of people still turn to in-store employees for advice.
After a decade of growth, demand for remodeling and repairs is expected to soften.
Some things are looking up for the retailer. Others, however ...
The Trump administration more than doubled tariffs on many Chinese goods.
Home Depot today reported fourth-quarter sales that disappointed analysts. One factor cited by the company was unfavorable weather conditions. “It was cold, it was snowy, and perhaps worst of all, it was wet,” said CEO Craig Menear in a conference…
Brick-and-mortar stores are hustling to get online purchases to customers' doorsteps faster.
Despite signs of a cooling housing market, the home improvement giant turned in a $2.9 billion profit for the third quarter.