After three years of “unprecedented growth” for the home improvement sector, Home Depot reports that its figures for the first quarter of 2023 are down from Q1 2022. The big box retailer reports sales of $37.3 billion for the first quarter of 2023, marking a 4.2% decrease from the same time last year. Comparable sales […]

When Lowes and Home Depot released their financial results last month, both posted earnings growth, not surprising given the continued growth of homeowners spending money on remodeling projects. But when dissecting the earnings transcripts for both companies, it was a focus on pro customers that dominated conversations, proving this is where both companies are continuing […]