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Home Depot and Lowe’s, like many retailers nationwide, have battled elevated retail theft in recent years. Amid this trend, both retailers quietly rolled out an anti-theft measure that is raising concerns and even pushing some consumers to shop elsewhere. In 2023, retailers reported a 93% ...
Earnings season is coming to a close, but some blue-chip names are still on the docket
Wall Street shares were set for a mixed start on Wednesday as investors prepare to wait for news from Donald Trump’s visit to China. Stock futures pointed in different directions ahead of the opening bell, with Dow Jones futures down 114 points or 0.2% at 49,755, while S&P 500 futures...
Investing.com -- Analysts at Citigroup upgraded Lowe's to “Buy” in a new earnings preview report, arguing the home improvement retailer is well-positioned to outperform rivals despite ongoing macroeconomic uncertainty and a sluggish housing market.
Home Depot has spent the past few years trying to build a larger business around professional contractors, and Bank of America says that shift could give the home improvement retailer a stronger setup than its peers. Bank of America reinstated coverage of Home Depot with a buy rating and a $374 ...