All Recent News

Target August Sales +3%

[Thursday, September 09, 2010]  August comparable-store sales increased 1.8 percent.   Read More ...

AHMA Confidence Index Declines

[Wednesday, September 08, 2010]  The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index declined in August to 191.7 from 241.7 in July (October 2008 = 100), while the Future Expectations Index also fell to 193.1 from 229.3 a month earlier.   Read More ...

True Value Kicks off 'Design SOS: Friends to the Rescue!' Contest

[Wednesday, September 08, 2010]  True Value has launched the "Design SOS: Friends to the Rescue" contest and is asking Americans why their friend (or even their own abode) needs a design update.   Read More ...

Lowe’s Awarded Government TCPN Contract

[Wednesday, September 08, 2010]  With this agreement, public agencies that must meet state procurement requirements have access to preferred pricing on in-stock items at Lowe’s.   Read More ...

Lowe’s to Provide Financial Update

[Tuesday, September 07, 2010]  Robert A. Niblock, Chairman of the Board and Chief Executive Officer, will present at the Goldman Sachs Annual Global Retailing Conference in New York on Tuesday, September 14 at 11:10 a.m. ET.   Read More ...

Industry Stocks Gain 51 Points

[Tuesday, September 07, 2010]  The broader Dow also gained significantly in the week leading up to the Labor Day holiday, gaining 438 points to end at 10448, a four percent gain for the week.   Read More ...

Tractor Supply Stock Splits Two-for-One

[Friday, September 03, 2010]  As a result of the stock split, which was previously announced on July 29, 2010, the Company's shares will trade on a split-adjusted price basis as of the opening of The NASDAQ Stock Market today.   Read More ...

AHMA Posting Photos from Expo Nacional Ferretera at Twitter.com/AHMAnews

[Wednesday, September 01, 2010]  The American Hardware Manufacturers Association (AHMA) will be posting photos online at Twitter.com/AHMAnews from Expo Nacional Ferretera in Guadalajara, Mexico from September 1 through September 4, 2010.   Read More ...

Pending Home Sales Rise Slightly

[Thursday, September 02, 2010]  The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July.   Read More ...

Akzo Nobel Selected as Walmart’s Primary Paint Supplier

[Wednesday, September 01, 2010]   The company will develop and manufacture a portfolio of interior and exterior paints for more than 3,500 Walmart stores nationwide.   Read More ...

ISM Report Says Manufacturing Continung to Expand

[Wednesday, September 01, 2010]  Economic activity in the manufacturing sector expanded in August for the 13th consecutive month, and the overall economy grew for the 16th consecutive month.   Read More ...

Home Depot to Provide Update

[Wednesday, September 01, 2010]  The presentation will begin at 8 a.m. ET on September 15, 2010.   Read More ...

Credit Managers’ Index Shows Modest Recovery

[Wednesday, September 01, 2010]  The improvement in the index—from 53.0 to 53.3—stems from small adjustments in areas that traditionally signal distress.   Read More ...

Consumer Confidence Improves Slightly

[Tuesday, August 31, 2010]  The Index now stands at 53.5 (1985=100), up from 51.0 in July.   Read More ...

Industry Stocks Drop 11 Points

[Tuesday, August 31, 2010]  During the week, both Home Depot and Lowe’s managed gains, rising 16 and 23 cents respectively.   Read More ...

KB Home Names Treasurer

[Tuesday, August 31, 2010]  KB Home has announced the appointment of Thad Johnson as treasurer, reporting to Jeff Kaminski, executive vice president and chief financial officer.   Read More ...

Second Quarter GDP Revised Down to 1.6%

[Friday, August 27, 2010]  In the first quarter, real GDP increased 3.7 percent.   Read More ...

NRF Says VAT Would Reduce Consumer Spending

[Friday, August 27, 2010]  Budget-focused Americans still grappling with a sluggish economy say they don’t want a substantial new Value Added Tax that some policymakers are proposing as a way to reduce the federal deficit, according to a survey conducted for the National Retail Federation.   Read More ...

American Woodmark Reports Increased Sales

[Friday, August 27, 2010]  The Company experienced an increase in sales in both remodel and new construction, with new construction revenue increasing by more than 20% compared with the first quarter of the prior fiscal year.   Read More ...

U.S. Home Sells Deck Facility

[Thursday, August 26, 2010]  With the sale of this facility, the company’s transition out of the deck business is complete.   Read More ...

Sears Holdings Names Marketing President

[Thursday, August 26, 2010]  David Friedman most recently served as president, Americas for Razorfish, one of the world's largest interactive marketing and technology companies.   Read More ...

New Home Sales Fell 12% in July

[Wednesday, August 25, 2010]  The sales rate of 276,000 is 32.4 percent below the year-ago July 2009 estimate of 408,000.   Read More ...

Stanley Black & Decker to Present at Investors’ Conference

[Wednesday, August 25, 2010]  Stanley Black & Decker invites investors and the general public to listen to a webcast of a presentation by Don Allan, SVP & CFO at the Morgan Stanley Global Industrials Unplugged Conference on Tuesday, August 31, 2010.   Read More ...

Existing-Home Sales Plunged 27% in July

[Tuesday, August 24, 2010]  Sales of existing homes are at the lowest level since the total existing-home sales series launched in 1999, and single family sales are at the lowest level since May of 1995.   Read More ...

ProBuild Names CEO

[Tuesday, August 24, 2010]  Bill Myrick has been appointed chief executive officer, succeeding Paul Hylbert, who is stepping aside from day-to-day responsibilities.   Read More ...

Industry Stocks Fall 8 Points

[Tuesday, August 24, 2010]  The general mood of economic uncertainty, combined with a lack of improvement in the unemployment situation, is holding the market back from positive movement.   Read More ...

Home Depot Offering Affordable LED Bulbs

[Monday, August 23, 2010]  The Company now offers a proprietary brand of LEDs under the EcoSmart name, including a bulb that retails for $19.97 and is a 40W equivalent.   Read More ...

Lowe’s Names Raul Alvarez to Its Board of Directors

[Friday, August 20, 2010]  Alvarez served as President and Chief Operating Officer of McDonald’s Corporation from 2006 until his retirement in December 2009.   Read More ...

Web Report: Cerberus Amends BlueLinx Offer

[Friday, August 20, 2010]  Cerberus may amend or terminate the Offer if the special committee of independent directors of the company's board of directors does not add the positive recommendation of Special Committee as a condition.   Read More ...

Williams-Sonoma Q2 Sales +15%

[Friday, August 20, 2010]  Comparable store sales increased 13.6%.   Read More ...

Sears Holdings Reports Q2 Loss of $39M

[Thursday, August 19, 2010]  Total revenues decreased $93 million to $10.5 billion for the quarter ended July 31, 2010.   Read More ...

Toro Q3 Sales +16%

[Thursday, August 19, 2010]  The Toro Company today reported net earnings of $33.4 million on net sales of $458.9 million for its fiscal third quarter ended July 30, 2010.   Read More ...

John Deere Q3 Income +47%

[Wednesday, August 18, 2010]  Worldwide net sales and revenues increased 16 percent to $6.837 billion.   Read More ...

Valspar Q3 Sales +10%

[Wednesday, August 18, 2010]  Third quarter sales totaled $873.9 million.   Read More ...

Target Q2 Sales Up 4%

[Wednesday, August 18, 2010]  Target Corporation today reported net earnings of $679 million for the quarter ended July 31, 2010, compared with $594 million last year.   Read More ...

Web Report: Target Closing All Garden Centers

[Wednesday, August 18, 2010]  Target Corp. is closing all of its 262 garden centers, finding the open air departments are not profitable, according to this Wall Street Journal report.   Read More ...

Home Depot Q2 Sales +2%

[Tuesday, August 17, 2010]  The Home Depot today reported second quarter of fiscal 2010 net earnings of $1.2 billion, or $0.72 per diluted share, compared with net earnings of $1.1 billion, or $0.66 per diluted share, in the same period of fiscal 2009.   Read More ...

Lowe’s Q2 Sales +4%

[Monday, August 16, 2010]  Lowe's Companies, Inc. today reported net earnings of $832 million for the quarter ended July 30, 2010, a 9.6 percent increase from the same period a year ago.   Read More ...

Wal-Mart Q2 Sales +3%

[Tuesday, August 17, 2010]  Net sales for the second quarter of fiscal year 2011 were $103 billion.   Read More ...

Overall Housing Starts Up in July, Single-Family Down

[Tuesday, August 17, 2010]  Single-family housing starts in July were at a rate of 432,000; this is 4.2 percent below the revised June figure of 451,000.   Read More ...

Ace Q2 Revenues +4.4%, Income Falls

[Monday, August 16, 2010]  Ace reported total revenues of $1.016 billion for the second quarter of 2010, an increase of $42.8 million or 4.4 percent from $973.1 million in 2009.   Read More ...

Home Improvement Retail Sales Fell 0.3% in July

[Friday, August 13, 2010]  July 2010 sales were 3.9 percent above July 2009 levels.   Read More ...

Industry Stocks Drop 48

[Tuesday, August 17, 2010]  Year-to-date the market basket of 27 industry stocks remains up two percent.   Read More ...

Home Builder Confidence Falls Again

[Monday, August 16, 2010]  Builder confidence in the market for newly built, single-family homes edged down for a third consecutive month in August.   Read More ...

Web Report: Sherwin-Williams Coatings for Battleship Missouri

[Friday, August 13, 2010]  Nearly 5,500 gallons of Sherwin-Williams coatings have been applied to the historic Battleship Missouri, which recently returned to her home pier near the U.S.S. Arizona Memorial at Pearl Harbor, Hawaii, according to this report in MarineLink.com.   Read More ...

Orleans Homebuilders Files Plan of Reorganization

[Friday, August 13, 2010]  The Plan details how the claims for each class of creditors will be treated in connection with the proposed emergence of the Company from Chapter 11 protection later this year.   Read More ...

True Value Q2 Sales Down 2%

[Thursday, August 12, 2010]  True Value Company has reported revenue of $527.5 million for the quarter ending July 3, 2010, a decrease of 2.4 percent or $13.2 million from $540.7 million for the same period a year ago.   Read More ...

Manufacturers Applaud Tariff Bill Signing, Call for More Action

[Thursday, August 12, 2010]  "Additional work is needed by both Congress and the Administration to help lower trade barriers to increase exports.”   Read More ...

WD-40 Q3 Sales +20%

[Wednesday, August 11, 2010]  Net income for the third quarter was $9.1 million, an increase of 32.2%.   Read More ...

Grainger July Sales +21%

[Wednesday, August 11, 2010]  Results for the month included a 5 percentage point positive contribution from acquisitions and a 1 percentage point contribution from foreign exchange.   Read More ...

Scotts Miracle-Gro Q3 Sales +1%

[Tuesday, August 10, 2010]  When adjusted to reflect comparable reporting periods, company-wide sales in the third quarter were up 5 percent.   Read More ...

Web Report: Lowe’s Settles Drywall Lawsuit

[Tuesday, August 10, 2010]  Lowe's Cos. has agreed to distribute $6.5 million in its gift cards and pay up to $2.2 million in plaintiffs' attorney fees to settle a class-action lawsuit claiming the home improvement retailer sold defective drywall.   Read More ...

THF Composite Down 3 Points

[Tuesday, August 10, 2010]  Our market basket of 27 industry stocks ended the most recent week of trading at 1038, from 1041 last week, and is currently plus seven percent for the year.   Read More ...

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