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Atlanta-based Home Depot posted a better-than-expected quarter amid rising interest rates and economic uncertainty. Same-store sales in the U.S. increased 4.5% year-over-year for the quarter.
Revenue missed estimates, coming in at $22.4 billion against expectations for $22.7 billion, according to data compiled by Bloomberg. Comparable-store sales at Lowe's were down 0.7% for the fourth ...
At quick glance, Lowe’s has the slight edge in rental prices — $344 to rent an aerator for a week (Home Depot is $360) or $244 for a random orbital floor sander (Home Depot is $260).
As of Oct. 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America. [ 5 ] Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards . [ 6 ]
Arthur Morris Blank (born September 27, 1942) is an American businessman.He is best known for being a co-founder of the home improvement retailer The Home Depot. [2]Blank owns two professional sports teams based in Atlanta, Georgia – the Atlanta Falcons of the National Football League (NFL) and Atlanta United FC of Major League Soccer (MLS), the latter of which won the 2018 MLS Cup [3 ...
RONA, Inc. Rona, Inc. (stylized as RONA) is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home ...