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Trading Home Improvement Giants Home Depot, Lowe’s Before Earnings



 

Trading Home Improvement Giants Home Depot, Lowe’s Before Earnings

Trading Home Improvement Giants Home Depot, Lowe’s Before Earnings
News from TheStreet.com:

NEW YORK (TheStreet) — Unusual weather in the U.S. in 2014 has increased spending for home repairs. There are two giants in this segment of the retail-wholesale sector, and they report quarterly earnings Tuesday and Wednesday.

Dow Jones Industrial Average component Home Depot (HD) ($ 83.69) plans to report results before the opening bell on Tuesday, and analysts expect the company to report earnings per share of $ 1.45. The stock set a new all-time intraday high at $ 84.09 on Friday, which was a gain of just 2.1% year to date. Even so, the stock has outperformed the Dow Jones Industrial Average, which has a year-to-date gain of just 0.5%. (Contributor Richard Saintvilius has called this

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Related News:

Home Improvement Retailers: Investing Essentials
News from Motley Fool:

Most Americans have the bulk of their net worth locked up in their homes, making maintenance and upkeep a key part of preserving their investment. Many homeowners also like to do remodeling and renovation work from time to time in order to make their homes better tailored to their needs and improve their value. To serve the resulting demand from both do-it-yourself homeowners and the professional contractors who do that work for a living, specialty home improvement retailers offer the products necessary to get jobs done. Let’s take a closer look at home improvement retailers to see how they can make for smart investments.

What are home improvement retailers?

The home improvement retail industry is composed of businesses all sharing a common goal: selling products to enhance the value of homes. The specific business models of those businesses vary greatly from company to company, though. Some of the best-known chains, including Home Depot and Lowe’s, are big-box retailers with broad product offerings spanning just about every aspect of home improvement, from lawn and garden to raw lumber products and from kitchen and bathroom accessories to windows and indoor and outdoor flooring.

Source: Home Depot.

Other smaller players have a more focused approach to their bu…………… continues on Motley Fool

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