Skip to main content

Seasonal

  • HD's Menear points to merchandise highlights

    ATLANTA — Atlanta-based Home Depot's wind-and-storm aided sales effort in the third-quarter presented several category highlights, according to EVP merchandising Craig Menear.

    The company's strong third-quarter performance, which included a 13% net earnings increase and comp-store sales of positive 4.2%, included strength "in the core of the store" and growth in average ticket and transactions.

  • U.S. retail sales up 0.5% in October

    Washington, D.C. -- Retail sales rose more than projected in October, according to figures released Tuesday by the Commerce Department. The report showed that retail sales were up 0.5% in October following a 1.1% increase in September.

    Excluding automobile sales, retail sales rose 0.6% in October — the best showing since March. And when excluding autos and sales at gasoline stations, sales rose 0.7%, also the biggest increase since March.

  • Home Depot posts another quarter of growth

    ATLANTA — Stormy weather around the country had something to do with Home Depot's third quarter sales gain of 2.9%. So did strength in core categories.

    The world's largest home improvement retailer posted a 4.2% comp-store sales gain for the quarter ended Oct. 30. Total sales increased 2.9% to $17.326 billion. And even bigger growth came in the net earnings column, where Home Depot reported a 13.0% increase and net earnings of $934 million.

  • Home Depot's Q3 profit up 12%

    Atlanta -- Home Depot Inc. reported Tuesday that net income in the third quarter rose 12% to $934 million, compared with $834 million in the year-ago period. Storm-related repairs and spending on home projects gave the home-improvement retailer a third-quarter boost.

    Revenue rose 4% to $17.33 billion from $16.6 billion last year, beating Wall Street’s expected $17.11 billion in revenue.

    Same-store sales rose 4.2% globally and 3.8% in the United States.

  • Retail sales see small increase for September

    WASHINGTON — Retail sales edged up slightly during the month of October, the U.S. Census Bureau announced Tuesday.

    Adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, sales totaled $397.7 billion. Retail trade sales rose 0.6% above September and 7.3% above the year-ago period.

    Adjusted grocery store sales increased to $46.8 million from $46.3 million in September, while health and personal care stores saw adjusted sales of $23.3 million from $23.1 million last month.

  • Wal-Mart's Q3 sales up but profits slip 2.9%

    Bentonville, Ark. -- Wal-Mart Stores Inc. on Tuesday posted the first quarterly revenue gain in its U.S. namesake business in more than two years, but the discounter's profit was down 2.9%. Profit for the quarter ended Oct. 31 was $3.33 billion, missing Wall Street expectations.

  • Walmart turns the comps corner as holidays arrive

    BENTONVILLE, Ark. — Walmart delivered a long awaited same-store sales increase of 1.3% at its U.S. stores division in the third quarter and pointed to ongoing momentum for the holidays with comps guidance in the range of flat to up 2%.

  • Walmart kicks off '12 Days of Giving' campaign

    BENTONVILLE, Ark. — Walmart has launched a Facebook campaign that is looking to aid local organizations that are providing such basic needs as food, shelter, clothing and baby supplies to their respective communities.

X
This ad will auto-close in 10 seconds