May 28, 2024
“Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items… Lowe’s stuck by its full-year forecast. It said it expects total sales of between $84 billion and $85 billion, which would be a… Continue Reading…
May 16, 2023
“Home Depot on Tuesday reported its biggest revenue miss in more than 20 years and lowered its forecast for this year, as consumers delay large projects and buy fewer big-ticket items like patio sets and grills… Home Depot said it now… Continue Reading…
May 16, 2023
“…The advanced sales report showed an increase of 0.4%, below the Dow Jones estimate for 0.8%. Excluding auto-related figures, sales increased 0.4%, which was in line with expectations. As the numbers are not adjusted for inflation, the headline increase equaled the 0.4%… Continue Reading…
October 31, 2022
“While gasoline prices have moderated since hitting their record high in June, the price of diesel fuel has stubbornly remained above $5 a gallon. AAA’s daily fuel price survey puts the national average price at $5.30 a gallon, 43 cents… Continue Reading…
September 15, 2022
“…Advance retail sales for the month increased 0.3% from July, better than the Dow Jones estimate for no change. The total is not adjusted for inflation, which increased 0.1% in August, suggesting that spending outpaced price increases. Inflation as gauged by the consumer… Continue Reading…
August 4, 2022
“The International Monetary Fund warned European governments against intervening in the region’s worsening energy crisis with broad-based financial support, saying instead that consumers should bear the brunt of higher prices to encourage energy saving and aid the wider shift to… Continue Reading…
May 30, 2022
“…The national average for unleaded gasoline is now $4.599 per gallon, just below a record of $4.60. That’s also a 40% increase so far this year and well above last year’s $3.04 per gallon level, according to AAA. By the… Continue Reading…
March 2, 2022
“Data shows that an estimated 25% of internet users use ad-blockers; between 2014 and 2018, Netflix, which is ad free, grew from 50 million to 125 million subscribers. The simple truth is that people just don’t like ads, and they’ll pay to avoid… Continue Reading…
January 14, 2022
“…The advance monthly sales report to close out the year showed a decline of 1.9%, considerably worse than the Dow Jones estimate for just a 0.1% drop. Excluding autos, sales fell 2.3%, a number that also fell well short of… Continue Reading…
November 16, 2021
“Home Depot on Tuesday reported third-quarter earnings and revenue that beat analysts’ forecasts as customers spent more on home improvement projects. Strong demand is carrying over into the next quarter as the retailer readies for the holiday season. The company’s shares… Continue Reading…
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