Home Depot Builds Nice Net Income In Q2 – Hispanicbusiness.com

Home improvement chain Lowe’s Cos cuts sales forecast – Yahoo News

In the U.S., the metric increased 6.4 percent. Sales at stores open at least a year excludes results from stores recently opened or closed. Online sales surged more than 38 percent in the quarter. Home Depot now foresees fiscal 2014 earnings of $4.52 per share.
For the original version including any supplementary images or video, visit http://www.hispanicbusiness.com/2014/8/19/home_depot_builds_nice_net_income.htm

Home Depot Q2 Results Beat Estimates, Lifts FY14 Earnings View

Analysts estimated revenues of $23.61 billion for the period. Comparable-store sales for the second quarter were positive 5.8 percent, and comp sales for U.S. stores were positive 6.4 percent. Gross profit of $8.16 billion increased 5.7 percent from last year, and operating income of $3.45 billion grew 14.2 percent. In the quarter, number of Customer Transactions increased 4.2 percent, and sales per square foot grew 5.5 percent.
For the original version including any supplementary images or video, visit http://www.rttnews.com/story.aspx?Id=2372229

Home Depot will report its 2011 fourth quarter earnings on Tuesday. (REUTERS/Jonathan Ernst) Aug 19 (Reuters) – Home Depot Inc, the worlds largest home improvement chain, said it expected same-store sales to grow faster in the second half of the year as customers furnish new houses and renovate existing ones in a recovering housing market. Home Depots shares rose as much as 5.5 percent to an all-time high of $88.16, after the company also reported better-than-expected quarterly results. The company expects same-store sales growth in the second half to be 80 basis points higher than the first half, Chief Financial Officer Carol Tome said on a conference call. She said there was a nice recovery in demand from building contractors as customers clearly feel better about investing in their homes. Home Depot gets much of its business from building contractors. U.S.
For the original version including any supplementary images or video, visit http://thegazette.com/subject/news/business/home-depot-says-us-housing-recovery-to-boost-sales-in-2nd-half-20140819

Home Depot says US housing recovery to boost sales in 2nd half – TheGazette

Lowe’s same-store sales rose 4.4 percent in the second quarter. Analysts polled by Consensus Metrix had expected Lowe’s comparable-store sales to rise 4.1 percent. Net income rose to $1.04 billion, or $1.04 per share, in the second quarter ended Aug. 1, from $941 million, or 88 cents per share, a year earlier. Revenue rose to $16.59 billion from $15.71 billion. Analysts on an average had expected earnings of $1.02 per share on revenue of $16.55 billion, according to Thomson Reuters I/B/E/S.
For the original version including any supplementary images or video, visit http://news.yahoo.com/lowes-cos-quarterly-sales-rise-5-6-percent-103904710–sector.html

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