Continuing the stagnant revenue streak, HP Inc. shares initially jumped 5% in trading after hours Thursday after reporting fiscal third-quarter sales that surpassed Wall Street’s $ 1 billion estimates, due to a pandemic. affected boom in sales of personal computers. HP HPQ, + 2.01% reported net income of $ 734 …
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Home sales grew in July, signaling how much the pandemic is adapting to where and how Americans want to live in this period of social distance and work from home. Buyers of homes that were restless in March and April when a large part of the country was under siege …
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Home-building retailers Home Depot and Lowe’s had a phenomenal quarter, but investors are not in the mood to enjoy the profits. Home Depot sales grew by 23.4% in the quarter ended August 2. From last year, while Lowe’s revenue jumped 30% in the quarter ending July 31. Both companies have …
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The coronavirus pandemic has widened the gap between winners and losers of retail, increasing the capacity of large U.S. chains that could remain open throughout the pandemic and feed America’s basic needs. The evidence was strong this week when nationwide retailers revealed they were heading out the summer months in …
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Home Depot Inc. published Tuesday its strongest quarterly sales in nearly 20 years, as the largest home improvement retailer benefited from the growing interest in household projects during the Covid-19 pandemic. Revenue for the Atlanta-based retailer rose 23% to $ 38.05 billion in the May-July period, up from $ 30.84 …
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