DIY projects ramp up in pandemic, and so do sales at Lowe’s
Home improvement retailer Lowe’s Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home…
These 2 home improvement stocks are up 30% this year. They’re still a buy
during quarantine and tackling those home-improvement projects. And investors seem equally eager to build a foundation for big gains on the resurgence of DIY.” data-reactid=”19″>By the look of it, Americans…
Walmart profits boosted by e-commerce, US stimulus payments
Walmart saw its profits jump in latest quarter as e-commerce sales surged during the coronavirus pandemic and US government stimulus payments boosted spending, the company reported Tuesday. And executives said…
Reopenings Continue Despite Coronavirus Surge
Retail and food service sales rose 1.2% in July as store reopenings continued. However, the pickup was much less than the 8.4% rise in June. It was expected that June’s…
Coronavirus quarantines made Americans want to spend on home improvement
As Americans sheltered in place this summer, home improvement retailers like Lowe’s Companies (LOW) and Sherwin-Williams (SHW) boasted lucrative summer sales. Americans splurged on home improvement during the pandemic because…
Canadians spent $80 billion on their homes in 2019
(Getty) Canadians spent an estimated $80 billion on renovations in 2019, and plan to take a bit of breather this year because of COVID-19. According to a new report from…
Tempur Sealy, Home Depot, Etsy, RH and Williams-Sonoma
For Immediate Release Chicago, IL – August 6, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the…
Home Improvement Spree Props E-commerce Stocks: 5 Picks
The coronavirus outbreak has swelled the traffic to online shopping platforms with more people at home due to lockdowns. And the demand for home décor has also gone up significantly…
These 3 Stocks Are Poised to Benefit If Biden Wins Election
It’s August in a leap year, and we all know what that means: the quadrennial silly season is up on us, the regular campaign for the Presidency. This year, politics…
Canceled Real-Estate Deal Throws a Wrench in Brazil’s IPO Rush
(Bloomberg) — In one of the world’s worst hotspots for the coronavirus, a crowded pipeline of initial public offerings got a harsh reality check. Brazilian builder Direcional scrapped plans Tuesday…